FTSE Cash | UK100
FTSE Cash
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FTSE Cash is a synthetic financial instrument whose value is calculated based on the value of several futures contracts on the British stock index FTSE 100 nearest to their expiration dates. The index, in turn, is calculated on the basis of the stock prices of the 100 companies with the largest capitalisation listed on the London Stock Exchange. One of the main advantages is that this instrument is infinite in time. In other words, it doesn’t expire on a monthly basis. Another advantage of a synthetic instrument is its significantly lower spreads compared to CFDs on this index. We recommend using this instrument for short-term trading strategies.