SMI Index futures
Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFDs on futures on #SWI20. This is a key Swiss stock index that includes the 20 largest companies with shares traded on the SSE. The calculation of #SWI20 was started on June 30, 1988, at the level of 1500 points. The composition of the index is revised once a year. At the moment, the share of SMI20 on the Swiss stock market is more than 85%. The list of companies included is divided into the following categories: banks, insurance companies, investment, healthcare industry, biotechnology, business consulting, and the real sector (electronics, oil equipment manufacturing, food processing). The peculiarity of SMI is that almost all of its members provide consulting services. Actually, futures is a standardized forward contract to buy or sell an asset at a predetermined price at a specified time, known as an expiration date. If you want to diversify your trader’s portfolio invested in non-correlated asset class, take a closer look at the price fluctuations of the #SWI20.
On this page, you can take a look at the live chart to make your own responsible decision to buy or to sell CFD (Contract for Difference) on futures on this index through the FxPro trading platforms. To start trading, open your FxPro Direct account by clicking the “Register” button at the top of this page. Several convenient top-up methods with 0% commissions are available.
Trading Conditions
SMI Index Futures Calendar
| Month | Ticker | Start Trading | Trading only for closing positions | Expiration date |
|---|---|---|---|---|
| December 2022 | #SWI20_Z22 | 14/09/2022 | 14/12/2022 | 16/12/2022 |
| March 2023 | #SWI20_H23 | 14/12/2022 | 15/03/2023 | 17/03/2023 |
| June 2023 | #SWI20_M23 | 15/03/2023 | 14/06/2023 | 16/06/2023 |
| September 2023 | #SWI20_U23 | 14/06/2023 | 13/09/2023 | 15/09/2023 |
| December 2023 | #SWI20_Z23 | 13/09/2023 | 13/12/2023 | 15/12/2023 |
* Only if Margin Level > 100%
** Margin applies for volumes up to 50 lots. Please refer to Futures Leverage Information for larger volumes
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.