Futures
FoXSE
Futures
Details about the market.
Explanation

 

The futures market looks at the underlying sectors in the Equities market and calculates constantly updating forecasts of the indexes over the next 6 day periods (shorter time periods for the Main and SIM market index).

A trader can take out contracts (max 2 at any one time per sector) either going "Long" (Higher) or "Short" (Lower)over the contract period. They then bet an amount per point move.

If successful they will get the following:

Finish Index - Start Index * £ per point.

It should be noted that when a contract is live it cannot be closed and has to run its course.

Alongside this traders can also bet on the individual companies within a sector....but you have to upgrade


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