CFD/Share Trading

Contract Specifications

Please see Roll Dates for information on reference prices.

	Approximate Value of 1 Lot	Tick Value per Lot	Trading Hours (EST / New York Time)	Margin (per Lot)
Stock Market Indices
S&P 500	$5,200	0.10 = $0.50	Sunday 6:00PM - Friday 4:00PM (Closed 5:30PM - 6:00PM each day)	$50
Nasdaq 100	$7,500	0.10 = $0.50	Sunday 6:00PM - Friday 4:00PM (Closed 5:30PM - 6:00PM each day)	50
Dow Jones Ind.	$10,000	1.0 = $1.00	24 hours (closed 5:00PM - 7:15PM)	50
Russell 2000	$7,100	0.10 = $1.00	Sunday 6:00PM - Friday 4:00PM (Closed 5:30PM - 6:00PM each day)	50
QQQQ (Nasdaq 100 Trust)	100 Shares	0.01 = $1.00	9:30AM - 4:00PM	50
DAX 30	$17,000	0.1 = $0.50	2:00AM - 4:00PM	50
DJ Euro Stoxx 50	$5,500	0.1 = $0.20	2:00AM - 4:00PM	50
CAC 40	$15,000	0.1 = $0.50	2:00AM - 2:00PM	50
FTSE 100	$4,000	1.0 = $1.00	3:00AM - 12:30PM	50
IBEX 35	$21,900	1.0 = $1.00	3:00AM - 11:35AM	50
Swiss Market Index (SMI)	$5,000	0.1 = $0.10	3:00AM - 11:20AM	50
SPI 200 (S&P ASX 200)	$6,000	0.1 = $0.20	2:10AM - 4:00PM 6:50PM - 1:30AM	50
Bovespa Index	$3,570	1.0 = $0.50	8:00AM - 4:00PM	50
Nikkei 225	$10,000	1.0 = $1.00	7:45PM - 10:15PM 11:15PM - 2:25AM	50
MSCI Taiwan	$10,000	0.01 = $0.50	8:45PM - 1:45AM	50
Hang Seng (HSI)	$10,000	0.1 = $0.10	9:45PM - 12:30AM 2:30AM - 4:15AM	150
BSE Sensex Index	$812.50	1.0 = $0.25	12:25AM - 6:00AM	50
NSE Nifty Index	$132.50	1.0 = $0.25	12:25AM - 6:00AM	50
North American Shares
3 M Company	100 shares	.01 = $1	9:30AM - 4PM	$160
Adobe Systems	100 shares	.01 = $1	9:30AM - 4PM	65
Advanced Micro Devices	100 shares	.01 = $1	9:30AM - 4PM	15
Aetna Inc	100 shares	.01 = $1	9:30AM - 4PM	100
AIG	100 shares	.01 = $1	9:30AM - 4PM	95
Alcoa Inc	100 shares	.01 = $1	9:30AM - 4PM	70
Altera Corporation	100 shares	.01 = $1	9:30AM - 4PM	35
Altria Group	100 shares	.01 = $1	9:30AM - 4PM	50
Amazon.com Inc	100 shares	.01 = $1	9:30AM - 4PM	145
American Express Co	100 shares	.01 = $1	9:30AM - 4PM	90
Amgen Int'l	100 shares	.01 = $1	9:30AM - 4PM	95
Analog Devices	100 shares	.01 = $1	9:30AM - 4PM	55
Apple Computer Inc	100 shares	.01 = $1	9:30AM - 4PM	255
Applied Materials	100 shares	.01 = $1	9:30AM - 4PM	40
AT&T Corp	100 shares	.01 = $1	9:30AM - 4PM	75
Baidu	100 shares	.01 = $1	9:30AM - 4PM	580
Bank of America	100 shares	.01 = $1	9:30AM - 4PM	85
Boeing Co	100 shares	.01 = $1	9:30AM - 4PM	160
Bristol Myers Squibb	100 shares	.01 = $1	9:30AM - 4PM	45
Broadcom Corp	100 shares	.01 = $1	9:30AM - 4PM	45
Caterpillar	100 shares	.01 = $1	9:30AM - 4PM	140
Cisco Systems	100 shares	.01 = $1	9:30AM - 4PM	50
CIT Group	100 shares	.01 = $1	9:30AM - 4PM	26
Citigroup Inc	100 shares	.01 = $1	9:30AM - 4PM	56
Clear Channel	100 shares	.01 = $1	9:30AM - 4PM	60
Coca Cola Company	100 shares	.01 = $1	9:30AM - 4PM	120
Comcast Corp	100 shares	.01 = $1	9:30AM - 4PM	35
ConocoPhillips	100 shares	.01 = $1	9:30AM - 4PM	160
Costco Wholesale	100 shares	.01 = $1	9:30AM - 4PM	130
Countrywide Financial	100 shares	.01 = $1	9:30AM - 4PM	14
Dell Computer	100 shares	.01 = $1	9:30AM - 4PM	40
Disney	100 shares	.01 = $1	9:30AM - 4PM	70
Dupont Co	100 shares	.01 = $1	9:30AM - 4PM	90
Eastman Kodak	100 shares	.01 = $1	9:30AM - 4PM	40
eBay Inc	100 shares	.01 = $1	9:30AM - 4PM	60
EMC Corp	100 shares	.01 = $1	9:30AM - 4PM	36
ExxonMobil	100 shares	.01 = $1	9:30AM - 4PM	168
Fannie Mae	100 shares	.01 = $1	9:30AM - 4PM	56
Freddie Mac	100 shares	.01 = $1	9:30AM - 4PM	60
Ford Motor Co	100 shares	.01 = $1	9:30AM - 4PM	15
General Electric	100 shares	.01 = $1	9:30AM - 4PM	70
General Motors	100 shares	.01 = $1	9:30AM - 4PM	55
Goldman Sachs	100 shares	.01 = $1	9:30AM - 4PM	375
Google	100 shares	.01 = $1	9:30AM - 4PM	1,100
Halliburton	100 shares	.01 = $1	9:30AM - 4PM	72
Hewlett-Packard	100 shares	.01 = $1	9:30AM - 4PM	90
Home Depot	100 shares	.01 = $1	9:30AM - 4PM	60
Honeywell Int.	100 shares	.01 = $1	9:30AM - 4PM	116
IBM	100 shares	.01 = $1	9:30AM - 4PM	212
Intel Corp	100 shares	.01 = $1	9:30AM - 4PM	40
International Paper Co	100 shares	.01 = $1	9:30AM - 4PM	65
JDS Uniphase	100 shares	.01 = $1	9:30AM - 4PM	25
Johnson & Johnson	100 shares	.01 = $1	9:30AM - 4PM	125
JPMorgan Chase	100 shares	.01 = $1	9:30AM - 4PM	90
Lehman Brothers	100 shares	.01 = $1	9:30AM - 4PM	90
Level 3 Communication	100 shares	.01 = $1	9:30AM - 4PM	6
Lockheed Martin	100 shares	.01 = $1	9:30AM - 4PM	200
McDonalds	100 shares	.01 = $1	9:30AM - 4PM	100
Merck & Co	100 shares	.01 = $1	9:30AM - 4PM	105
Merrill Lynch	100 shares	.01 = $1	9:30AM - 4PM	160
MGIC Investment Corp.	100 shares	.01 = $1	9:30AM - 4PM	26
Micron Technology	100 shares	.01 = $1	9:30AM - 4PM	12
Microsoft Corp.	100 shares	.01 = $1	9:30AM - 4PM	60
Morgan Stanley	100 shares	.01 = $1	9:30AM - 4PM	90
Motorola Inc	100 shares	.01 = $1	9:30AM - 4PM	25
National Semiconductor	100 shares	.01 = $1	9:30AM - 4PM	35
Newmont Mining	100 shares	.01 = $1	9:30AM - 4PM	105
Nokia Corp	100 shares	.01 = $1	9:30AM - 4PM	75
Novell Inc	100 shares	.01 = $1	9:30AM - 4PM	12
Nvidia Corp	100 shares	.01 = $1	9:30AM - 4PM	40
Oracle Corp	100 shares	.01 = $1	9:30AM - 4PM	40
Pfizer	100 shares	.01 = $1	9:30AM - 4PM	50
Procter & Gamble	100 shares	.01 = $1	9:30AM - 4PM	124
Qualcomm	100 shares	.01 = $1	9:30AM - 4PM	85
Qwest Communications	100 shares	.01 = $1	9:30AM - 4PM	10
Research in Motion	100 shares	.01 = $1	9:30AM - 4PM	232
Schering Plough	100 shares	.01 = $1	9:30AM - 4PM	40
Sears Holdings Corp	100 shares	.01 = $1	9:30AM - 4PM	200
Sprint Nextel Corp	100 shares	.01 = $1	9:30AM - 4PM	20
Staples	100 shares	.01 = $1	9:30AM - 4PM	48
Starbucks	100 shares	.01 = $1	9:30AM - 4PM	36
Sun Microsystems	100 shares	.01 = $1	9:30AM - 4PM	30
Symantec Corp	100 shares	.01 = $1	9:30AM - 4PM	40
Sysco Corp	100 shares	.01 = $1	9:30AM - 4PM	60
Target Corp	100 shares	.01 = $1	9:30AM - 4PM	105
Texas Instruments	100 shares	.01 = $1	9:30AM - 4PM	60
Time Warner Inc	100 shares	.01 = $1	9:30AM - 4PM	30
United Technologies Corp	100 shares	.01 = $1	9:30AM - 4PM	140
US Steel Corp	100 shares	.01 = $1	9:30AM - 4PM	200
Valero Energy	100 shares	.01 = $1	9:30AM - 4PM	98
Verizon Communication	100 shares	.01 = $1	9:30AM - 4PM	73
Visa Inc	100 shares	.01 = $1	9:30AM - 4PM	126
Wachovia	100 shares	.01 = $1	9:30AM - 4PM	60
Walmart Stores	100 shares	.01 = $1	9:30AM - 4PM	100
Washington Mutual	100 shares	.01 = $1	9:30AM - 4PM	26
Wells Fargo	100 shares	.01 = $1	9:30AM - 4PM	60
Yahoo Inc	100 shares	.01 = $1	9:30AM - 4PM	60
European Shares
Alcatel-Lucent	100 shares	.01 = $1	3:00AM - 11:30AM	20
Allianz AG	100 shares	.01 = $1	3:00AM - 11:30AM	320
Astrazeneca PLC	100 shares	.01 = $1	3:00AM - 11:30AM	36
AXA SA	100 shares	.01 = $1	3:00AM - 11:30AM	36
Barclays	100 shares	.01 = $.01	3:00AM - 11:30AM	12
BASF AG	100 shares	.01 = $1	3:00AM - 11:30AM	170
Bayer AG	100 shares	.01 = $1	3:00AM - 11:30AM	100
Bayerisch Hypo	100 shares	.01 = $1	3:00AM - 11:30AM	38
BMW AG	100 shares	.01 = $1	3:00AM - 11:30AM	90
BP Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	10
BT Group Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	5
Continental AG	100 shares	.01 = $.01	3:00AM - 11:30AM	136
Commerzbank AG	100 shares	.01 = $1	3:00AM - 11:30AM	68
Daimler AG	100 shares	.01 = $1	3:00AM - 11:30AM	140
Deutsche Bank	100 shares	.01 = $1	3:00AM - 11:30AM	200
Deutsche Borse	100 shares	.01 = $1	3:00AM - 11:30AM	190
Deutsche Lufthansa	100 shares	.01 = $1	3:00AM - 11:30AM	44
Deutsche Post	100 shares	.01 = $1	3:00AM - 11:30AM	40
Deutsche Telekom	100 shares	.01 = $1	3:00AM - 11:30AM	32
E.ON AG	100 shares	.01 = $1	3:00AM - 11:30AM	220
Ericsson	100 shares	.01 = $1	3:00AM - 11:20AM	40
France Telecom	100 shares	.01 = $1	3:00AM - 11:30AM	48
GlaxoSmithKline	100 shares	.01 = $1	3:00AM - 11:30AM	25
HSBC Holdings	100 shares	.01 = $1	3:00AM - 11:30AM	18
Infineon Tech AG	100 shares	.01 = $1	3:00AM - 11:30AM	22
ING Groep	100 shares	.01 = $1	3:00AM - 11:30AM	45
Invensys Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	4
J Sainsbury Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	7
Linde AG	100 shares	.01 = $.01	3:00AM - 11:30AM	186
MAN AG	100 shares	.01 = $.01	3:00AM - 11:30AM	176
Marks & Spencer Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	8
Metro AG	100 shares	.01 = $1	3:00AM - 11:30AM	100
Muenchener Rueck AG	100 shares	.01 = $1	3:00AM - 11:30AM	260
Prudential Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	10
Rolls Royce Group Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	9
Royal Dutch Shell	100 shares	.01 = $1	3:00AM - 11:30AM	80
Royal and Sun All. Ins. Group	100 shares	.01 = $.01	3:00AM - 11:30AM	3
RWE AG	100 shares	.01 = $1	3:00AM - 11:30AM	160
SAP AG	100 shares	.01 = $1	3:00AM - 11:30AM	84
Siemens AG	100 shares	.01 = $1	3:00AM - 11:30AM	210
Tesco Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	7
ThyssenKrupp AG	100 shares	.01 = $1	3:00AM - 11:30AM	83
Unilever Plc	100 shares	.01 = $.01	3:00AM - 11:30AM	10
Vodafone Group	100 shares	.01 = $.01	3:00AM - 11:30AM	4
Volkswagen AG	100 shares	.01 = $1	3:00AM - 11:30AM	400
*Asia-Pacific* Shares
AMP Limited	100 shares	.01 = $1	8:00PM - 2:00AM	$16
ANZ Bank	100 shares	.01 = $1	8:00PM - 2:00AM	40
Brambles Industries Ltd	100 shares	.01 = $1	8:00PM - 2:00AM	15
National Australia Bank Ltd	100 shares	.01 = $1	8:00PM - 2:00AM	60
Origin Energy Ltd	100 shares	.01 = $1	8:00PM - 2:00AM	15
Qantas Airway Limited	100 shares	.01 = $1	8:00PM - 2:00AM	8
QBE Insurance Group Ltd	100 shares	.01 = $1	8:00PM - 2:00AM	30
Telstra Corporation Ltd	100 shares	.01 = $1	8:00PM - 2:00AM	10
Westfield Group	100 shares	.01 = $1	8:00PM - 2:00AM	35
Westpac Banking Corp	100 shares	.01 = $1	8:00PM - 2:00AM	40
Woolworth's Limited	100 shares	.01 = $1	8:00PM - 2:00AM	30
*Foreign Exchange*
EUR/USD	$13,000	0.0001 = $1	24 hours	$50
USD/JPY	$10,000	0.01 = $1	24 hours	50
USD/CHF	$11,000	0.0001 = $1	24 hours	50
GBP/USD	$19,000	0.0001 = $1	24 hours	50
USD/CAD	$15,000	0.0001 = $1	24 hours	50
AUD/USD	$10,000	0.0001 = $1	24 hours	50
EUR/JPY	$12,000	0.01 = $1	24 hours	50
EUR/GBP	$7,000	0.0001 = $1	24 hours	50
EUR/CHF	$15,000	0.0001 = $1	24 hours	50
GBP/CHF	$20,000	0.0001 = $1	24 hours	50
GBP/JPY	$20,000	0.01 = $1	24 hours	50
EUR/CAD	$16,000	0.0001 = $1	24 hours	50
NZD/USD	$10,000	0.0001 = $1	24 hours	50
USD/SEK	$10,000	0.0001 = $0.13	24 hours	50
EUR/SEK	$10,000	0.0001 = $0.13	24 hours	50
USD/NOK	$10,000	0.0001 = $0.15	24 hours	50
EUR/NOK	$10,000	0.0001 = $0.15	24 hours	50
USD/ZAR	$10,000	0.001 = $1.20	24 hours	50
USD/MXN	$10,000	0.0001 = $0.10	24 hours	50
*Commodities*
U.S. 30 Year T-Bond (Futures)	$50,000	0.01 = $0.50	24 hours (closed 5:00PM - 8:00PM)	$50
U.S. 10 Year T-Note (Futures)	$50,000	0.01 = $0.50	24 hours (closed 5:00PM - 8:00PM)	50
German Bund	$11,500	0.01 = $1	2:00AM - 4:00PM	50
Crude Oil (Light Sweet)	$3,000	0.01 = $1	Sunday 6:00PM - Friday 4:00PM (Closed 5:15PM - 6:00PM each day)	50
Natural Gas	$3,000	0.001 = $0.50	Sunday 6:00PM - Friday 4:00PM (Closed 5:15PM - 6:00PM each day)	50
Coffee	$5,000	0.01 = $1.00	2:30AM - 3:15PM	50
Soybeans	$3,000	1.0 = $5.00	10:30AM - 2:15PM	50
Lumber	$4,000	0.1 = $0.11	10:00AM - 2:05PM	50
Gold (Spot)	$4,000	0.10 = $1.00	24 hours	50
Silver (Spot)	$6,000