Market CFDs on live tradable prices

Market Maker CFDs on large cap stocks and indices are traded directly on the live price displayed - if the price is displayed in green, that is the price you will be filled at.

Exchange Routed CFDs

Many hundreds of CFDs are available that are directly routed to the exchange. For these CFDs you participate directly in the market order book. The CFD trade module in Sonray Trader allows you to trade fast on market price:

• place trades at the indicated market price
• place orders only to trade at the market price
• join the current market - sell at the Bid Price / buy at the Ask price

Direct Market Access CFDs

For professional CFD traders, Direct Market Access (DMA) CFDs offer CFD trading on live tradable stock prices. Traded with order book-participation, DMA CFDs are allow you to fast trade directly on live market stock prices.

DMA CFDs are traded on a fixed commission rather than a spread markup and require a subscriber agreement be established with the exchanges to be traded. DMA CFDs are currently available on 11 exchanges.

DMA CFD agreements

Stock Index CFDs

11 Index tracking CFDs are also available that track major stock index including:

• ASX S&P 200 S&P 500
• NASDAQ 100
• Down Jones Industrial Average
• FTSE 100
• DAX
• CAC 40
• Dow Jones Euro STOXX 50 Index
• Swiss Market Index
• Nikkei 225
• OMX Stockholm

Index-tracking CFDs have a low entry price of 1 currency unit (for example AUD 1, $1 or £1) per index point, and offer the same leverage and live trading benefits as stock CFDs.

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