SPI 200 - THE EFFICIENT WAY TO TRADE THE ASX 200

A major advantage of the futures market is the ability to trade ASX 200 futures. It is called the SPI 200 and is known simply as "the SPI". The SPI tracks the ASX 200 Index (the physical) and is worth $25 per one point move to traders. A $10,000 initial deposit gets you the equivalent of a $119,000 ($25 X the SPI at 4760 points) balanced portfolio over the top 200 stocks. Ie, the cash value for one contract = $25 X the prevailing index point value. With the SPI, you have great leverage and the flexibility to trade the overall market up or down. You can also manage your risk 24 hours a day using stop loss orders. This cannot be done with shares, please call and we will explain this in detail. 

The SPI 200 is a highly liquid market and convenient to trade.  For example, you could sell at 4760 in the morning and buy-back at 4720 in the afternoon for a 40 point ($1000) profit per contract. You have the same short-term or long-term trading opportunities that you would experience when trading blue chip shares.   

If you are a regular share trader or investor and require a quick and easy solution to profit from a falling market, please act now and setup a SPI 200 trading account to be ready for when you believe the market will fall. 

NOTE: 4760 points and the current margin of $10,000 is a snap-shot example only.  Last updated: 5th August 2008.