The FRA40, also known as CAC 40 (Cotation Assistee en Continu 40), is the benchmark index for the French Stock market. It presents the most accurate indication of French economy, as it consists of the top 40 of the 100 highest market-capitalization company stocks traded on the Euronext Paris, which is the second largest exchange in Europe.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 1.1 | 1.1 | 1.1 | |||
| Size of 1 lot | 1 contract | 1 contract | 1 contract | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 0.10 EUR | 0.10 EUR | 0.10 EUR | |||
| Volume limitation | 300 | 300 | 300 | |||
| Margin requirement | 0.5% | 0.5% | 0.5% | |||
| Minimum Price Increment | 0.1 | 0.1 | 0.1 | |||
| Limit and Stop Levels | 5.0 | 5.0 | 5.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 45 | 45 | 45 | |||
