SGD-Denominated Indices
IG's exclusive SGD-denominated CFDs are available on a range of global indices, allowing you to trade international index markets with no currency exposure.
SGD-denominated indices include:
- FTSE® 100 Cash
- Wall Street Cash
- US SPX500
- Germany 30 Cash
- Japan 225 Cash
- Hong Kong Cash HS42
- China H-Shares Cash
- US Tech 100
- Australia 200
Example
You buy 10 contracts of SGD-denominated FTSE® 100 Cash at 3720. When you sell your 10 contracts at 3772 the profit on the trade is 10 x SGD1 x (3772 - 3720) = SGD520. Unlike a traditional trade on a UK asset, there are no GBP currency conversions for you to worry about.
For more information please see our Stock Indices Contract Details.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial investment, so please ensure that you fully understand the risks involved.