In association with

CFD trading example (index) - Selling the US TECH 100

You believe that the US TECH 100 will fall so you decide to sell a CFD based on 50 underlying futures contracts for that market. 

City Index quotes you a spread of 1890/1894 for the US TECH 100.

Opening trade:

Price of US TECH 100 (US$) 1890
Equivalent number of underlying contracts 50
Value of position (US$)   94,500.00
Commission       n/a
Margin requirement @ 5% (US$) 4,725.00


After 20 days the market has risen and you decide to close your position.

Closing trade:

Price of US TECH 100 (US$)  1909
Equivalent number of underlying contracts  50
Value of position (US$)    95,450.00


Loss on trade:

Opening value (US$) 94,500.00
Closing value (US$) 95,450.00
Loss on position (US$) (950.00)
Commission n/a


As you held a short position financing would also have been automatically credited to your account every night for the period that you held your position open.

CFD's: Home

Valid XHTML 1.0 Transitional Valid CSS!

Apply for an account

Before you apply

It is very important that you familiarise yourself with all of our terms and policies and have an understanding of the risks and mechanics of our products.

Online application form

Our application process is available from a new window. You will need to allow pop-ups from our website to complete an application online.