Indices present a sample of the whole economic condition in a certain country.
For example, the DowJones 30 reflects the weighted average of the largest 30 publicly owned companies in the United States, when the collective value of those stocks rises, the DowJones index rises.
AX Financials presents to you the majorly traded indices around the world shown in this table:
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Please note that all our spreads are variable and dependent on the underlying market prices. In normal conditions we can usually offer our ‘minimum’ spread but these will increase when the underlying market spread widens. Market prices can widen at illiquid times of the day or when major news or economic data is released.
The ‘minimum’ spread shows the tightest spread available for any given product. The ‘average’ and ‘typical’ spread shows the average (mean) and the most common (mode) respectively in a 24 hour period. These are updated for the last trading day of each month.