To keep up with the Japanese economic news, Nikkie 225 is the index to be looking at. Nikkie 225 (NIKI225), is the main Tokyo stock market index of the Tokyo Stock Exchange (TPX), one of the world’s largest stock exchanges. This high performance index tracks the top 225 shares in Tokyo listed in the First Section of the TPX.
Nikkie 225 list of companies is checked and rebalanced once a year, assuring that Nikkie 225 eligibility criteria are met.
Having contained some of the most profitable shares in the Tokyo Stock Exchange, this influential index has excellent potential for successful CFD trading.
It is important to keep in mind that with indices that include blue-chip companies, like Nikkie 225, dramatic highs and low can be reached. Having reached a high of $38,957 in the Japanese asset price bubble, and a low of $7,086 at the midst of the global economic crisis, traders must trade cautiously and strategically to achieve profits.
This potentially profitable Japanese index is recognized as a barometer of Japan’s economy and stock market, due to its numerous benefits for traders and investors. One of the many benefits of trading indices, and in specific, the Nikkie 225, is the exposure to the number of high performing Japanese stocks that can be traded through CFD’s. Another factor that should be looked at when choosing the best index to trade is its liquidity. To add to the advantages of trading Nikkie 225, this index is characterized by sufficient size and liquidity.
For successful CFD trading, PCM International offers access to accurate real-time Nikkie 225 forecasts, charts and updated new on Japanese economics events. Traders can seek profit from the fluctuations that are provided by the news based on the economic events of Japan. With PCM International, traders are able to benefit from professional trading platforms that enable them to use advanced CFD trading strategies. In addition, trading Nikkie 225 (NIKI225) through PCM International allows you to leverage your exposure to market movements for maximum profit.
A key factor of trading CFD’s successfully is being educated about potentially profitable trading opportunities and knowing it’s in-depth specifications and benefits. The table below is provided for further details about the index.
|Class||Equity Index (stock market index)|
|Description||It is a stock market index for the Tokyo Stock Exchange (TSE).|
|Standard Tradable Quantity (also called a LOT)||10 NIKI225 contracts|
|Minimum Tradable Quantity (the fraction of lot available to trade)||1 NIKI225 contract|
|Base Currency (Currency used for margin, P&L and other calculations)||United States Dollars|
|Tick Size (The least incremental change in the price of the index)||1|
|Tick Value||1000 Yen|
|Margin in Percentage||2%|