Tradindex: Trad Index Platform Review
Trad Index Platform Review
In 2008 TradIndex was rebranded as ETX Capital.
For more details, see our ETX Capital review.
Trad Index Review
The following is the old CleanFinancial.com review of Trad Index.
Note that you get all the normal advantages of spread betting:
- Tax Free Investments*
- No stamp duty
- No Capital Gains Tax
- No Income Tax
- You can buy or sell indices, shares, forex, commodities, interest rates, bonds
- No commissions
- A wide range of markets generally offered
Plus with TradIndex you get:
- TradIndex – A fast and easy to navigate website
- Less than £100 required to open an account (ie the deposit)
- Free extensive market information
- Mandatory stop losses on all trades at no extra cost
- Offer trades from as little as £1 per point
- Trades up to £100 per point
Why open a spread betting account with TradIndex? Here’s what they say:
“Trad Index is a wholly owned subsidiary of Tradition, a global leader in interdealer broking with over 1800 employees and offices in sixteen countries.
Tradition has built its leadership position over 40 years on the foundations of integrity, reliability and commitment to client service.
Trad Index – was launched by Tradition in 2002 to satisfy demand for a fast, professional and easy-to-use online spreads trading platform.
With a quick registration process and friendly website, TradIndex soon became a prominent player in the financial spread betting sector. It still offers online trading as convenient and efficient as possible with the introduction of mandatory stop losses on all trades by identifying and limiting the risk to investors.
Traders can set specific stop levels to manage their risk and enjoy the upside potential. Although stop losses are not guaranteed, this unique feature has reduced the initial margin requirement to a minimum, making the funds required to trade as small as possible.
We enable investors to take advantage of rising and falling market movements by being able to buy and sell the price on over 250 markets.
We offer a wide range of global indexes including the FTSE-100, Wall Street, S&P 500, Nasdaq, German DAX, French CAC and S&P/MIB.
In the equity sector we offer the most popular single shares from the UK, US and European exchanges. If you want to speculate on bond markets you can trade US and European Government interest rate futures including European Government bonds, short sterling, Euribor and Gilts.
To hedge your currency exposure, simply log onto Trad Index and trade one of our many currency pairs including the GBP£/US$, Euro€/US$, GBP£/Euro€, and US$/Yen¥. You can also speculate on the price of Nymex crude, oil, gold, coffee and copper, by trading these commodities online with us.
Client Relationship – Professionalism, integrity, accountability and customer service are the core values of TradIndex.com. These are reflected in the comprehensive functionality of our site, and its user friendly look and feel. Our customers are our business and we are committed to providing a high quality online experience that exceeds customer expectations for trading performance, responsiveness and account management.
“Commitment to Every Investor”
Trad Index is dedicated to all investors. Through our trading platform all investors have access to valuable trading opportunities. Our spread betting platform was the first to offer many features that are now common in the spread betting industry. TradIndex.com was first to offer a:
- free no-risk Account with a virtual £20,000 fund that contain all the features and functionality of a “real money” trading platform
- 100% browser based spread trading platform without downloads
- free book entitled “The Beginner’s Guide to Financial Spread Betting” to help potential clients understand the ins and outs of financial spread trading
Personal Privacy and Security: We protect your privacy and security. To find out more, read our personal privacy policies and our site security measures in our Personal Privacy and Security Measures statement.
”
Trad Index Markets
Trad Index offer the following spread betting markets online and/or via telephone trading.
Trad Index Markets – Stock Indices
CAC 40 Daily Future
CAC 40 Future
Dax Daily Future
Dax Future
Euro Stoxx Future
FTSE 100 Daily Cash
FTSE 100 Daily Future
FTSE Weekly
FTSE 100 Future
FTSE S&P Combo – Daily
FTSE S&P Combo Future
IBEX 35 Daily Future
IBEX 35 Future
Nasdaq 100 Daily Cash
Nasdaq 100 Future
Nikkei Future
S&P 500 Daily Cash
S&P 500 Future
S&P MIB 40 Daily Future
S&P MIB 40 Future
Swiss Market Index
Wall Street Daily Cash
Wall Street Daily Future
Wall Street Weekly
Wall Street Future
Equity FTSE 250
Single Shares – UK – Trade UK shares
Single Shares – USA – Trade US shares
Single Shares – EURO – Trade EURO shares
Forex Markets / Currency Trading
AUD/US$ – aily Future
AUD/US$ Future
Canadian$/US$ – Daily Future
Canadian$/US$ Future
Euro/US$ – Daily Future
Euro/US$ Future
GBP/Euro – Daily Future
GBP/Euro Future
GBP/Swiss Franc – Daily Future
GBP/Swiss Franc Future
GBP/US$ – Daily Future
GBP/US$ Future
GBP/YEN – Daily Future
GBP/Yen Future
US$/Swiss Franc – Daily Future
US$/Swiss Franc Future
US$/YEN – Daily Future
US$/Yen Future
Commodities Market
Brent Crud – Daily
Brent Crude Future
Copper Dec Future
Corn Dec Future
Feeder Cattle Future
Gold Dec Future
Lean Hogs Future
Liffe Cocoa Future
Liffe Sugar Future
Live Cattle Future
NY Cocoa Future
Natural Gas Future
Nymex Crude – Daily
Nymex Crude Future
Oats Future
Orange Juice Future
Platinum Future
Pork Bellies Future
Silver Dec Future
Soyabean Meal Future
Soybean Future
Soybean Oil Future
Wheat Future
Bonds Market
10 Yr UK Gilt – Daily
10 Yr UK Gilt Future
Euribor
Euro Bobl – Daily
Euro Bobl Future
Euro Bund – Daily
Euro Bund Future
Euro Schatz
Short Sterling
Apply for ETX Capital Account
Losses can exceed deposits
Stability and Regulation
Monecor (London) Limited launched its retail derivatives arm, TradIndex in 2002.
TradIndex.com is a wholly owned subsidiary of Tradition, a global leader in interdealer broking with over 1,800 employees and with offices in sixteen countries and is authorised and regulated by the Financial Services Authority.
TradIndex is now ETX, i.e. please see our ETX Capital review.
Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
Ubuntu Manpage: tdx-util – Tradindexed overview manipulation utility
Provided by: inn2_2.6.1-4build1_amd64
NAME
tdx-util - Tradindexed overview manipulation utility
SYNOPSIS
tdx-util [-AFcgiOo] [-a article] [-f status] [-n newsgroup] [-p path] [-R path]
DESCRIPTION
tdx-util is an administrative interface to the tradindexed overview method for INN.
It
only works on tradindexed overview databases, not on any other type of INN overview. It
allows the administrator to dump various information about the internal state of the
overview, audit it for errors, and rebuild portions of the overview database.
The tradindexed overview method should lock properly and therefore it should be safe to
run this utility and perform any operation it performs, including full repairs or per-
group overview rebuilds, while the server is running. However, note that some of the
operations performed by this utility can take an extended period of time and will hold
locks in the overview database during that period, which depending on what the server is
doing may cause the server to stall until tdx-util completes its operation.
The dump operations are -i, which dumps the master index for the overview database, -g,
which dumps the index for an individual group, and -o and -O, which dump the overview
information for a particular group (including the additional metadata stored in the index)
in two different formats. For -g, -o, and -O, the -n option must also be given to specify
a newsgroup to operate on.
To add a new newsgroup to the overview database, use -c. A group must be specified with
-n. If the group status is something other than "y", it should be specified with -f, and
the low and high article numbers may be specified with -a. If only one number is given
rather than a range, it will be taken to be the high water mark and the low mark will be
set to 1.
To audit the entire overview database for problems, use -A. Any problems found will be
reported to standard error. Use -F to correct the errors found.
To rebuild the database for a particular newsgroup, use -R. The -R option takes a path to
a directory which contains all of the articles for that newsgroup, one per file. The
names of the files must be the numbers of the articles in that group. (In other words,
this directory must be a traditional spool directory for that group.) The -n option must
also be given to specify the newsgroup for which the overview is being rebuilt.
For all operations performed by tdx-util, a different overview database than the one
specified in inn.conf may be specified using the -p option.
It
only works on tradindexed overview databases, not on any other type of INN overview. It
allows the administrator to dump various information about the internal state of the
overview, audit it for errors, and rebuild portions of the overview database.
The tradindexed overview method should lock properly and therefore it should be safe to
run this utility and perform any operation it performs, including full repairs or per-
group overview rebuilds, while the server is running. However, note that some of the
operations performed by this utility can take an extended period of time and will hold
locks in the overview database during that period, which depending on what the server is
doing may cause the server to stall until tdx-util completes its operation.
The dump operations are -i, which dumps the master index for the overview database, -g,
which dumps the index for an individual group, and -o and -O, which dump the overview
information for a particular group (including the additional metadata stored in the index)
in two different formats.
For -g, -o, and -O, the -n option must also be given to specify
a newsgroup to operate on.
To add a new newsgroup to the overview database, use -c. A group must be specified with
-n. If the group status is something other than "y", it should be specified with -f, and
the low and high article numbers may be specified with -a. If only one number is given
rather than a range, it will be taken to be the high water mark and the low mark will be
set to 1.
To audit the entire overview database for problems, use -A. Any problems found will be
reported to standard error. Use -F to correct the errors found.
To rebuild the database for a particular newsgroup, use -R. The -R option takes a path to
a directory which contains all of the articles for that newsgroup, one per file. The
names of the files must be the numbers of the articles in that group.
(In other words,
this directory must be a traditional spool directory for that group.) The -n option must
also be given to specify the newsgroup for which the overview is being rebuilt.
For all operations performed by tdx-util, a different overview database than the one
specified in inn.conf may be specified using the -p option.
OPTIONS
-A Audit the entire overview database for problems. This runs the internal consistency
checks built into the tradindexed overview implementation, checking such things as the
validity and reachability of all group index entries, the format of the individual
overview entries, the correspondence of index entries to overview data, and similar
such things. No changes will be made to the database, but problems will be reported
to standard error.
-a article
The article number or numbers to act on. article is a valid NNTP range, meaning that
it can be either a single article number or a range of article numbers (like "1-5").
Either the start or the end (or both) of the range may be omitted, in which case they
will be set to the first or last article number in the group. Passing "-" for article
is therefore equivalent to not using the -a option at all.
Only useful in combination with the -o option to dump overview information or with -c
to specify the low and high article numbers when creating a group.
-c Create a new group in the overview database. The group must be specified with -n.
The newsgroup status defaults to "y" but may be set with -f. The low and high article
numbers default to 1 and 0 respectively, but may be set with -a. If only one number
is given to -a, it is taken as the high article number.
-F Audit the entire overview database for problems, fixing them as they're detected where
possible. This runs the internal consistency checks built into the tradindexed
overview implementation, checking such things as the validity and reachability of all
group index entries, the format of the individual overview entries, the correspondence
of index entries to overview data, and similar such things. The strategy used when
fixing problems is to throw away data that's unrecoverable, so be warned that using
this option may result in inaccessible articles if their overview data has been
corrupted.
To see what would be changed by -F, run tdx-util with -A first.
-f status
When creating a newsgroup with -c, set the status of the newly created group to status
instead of "y". Only useful with -c.
-g Dump the index of a particular group. The fields are, in order, the article number,
the offset of the data for that article in the overview data file for that group, the
length of the overview data, the time (in seconds since epoch) when the article
arrived on the server, the time (in seconds since epoch) when the article should
expire based on its Expires: header (or 0 if there is no Expires: header), and the
storage API token of the article.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act.
-i Dump the master index of the overview database. This contains similar information to
the server active file, such as high and low water marks and moderation status, and is
the information that nnrpd hands out to clients.
The fields are, in order, the newsgroup name, the high water mark, the low water mark,
the base article number (the point at which the group index begins), the count of
articles in the group, the group status, the time (in seconds since epoch) when that
newsgroup was deleted or 0 if it hasn't been, and the inode of the index file for that
group.
A particular newsgroup can be specified with the -n option. If -n is not given, the
entire master index will be dumped.
-n newsgroup
Specify the newsgroup on which to act, required for the -i, -o, and -R options.
-O Dump the overview information for a newsgroup in the format used by overchan as input.
Each line will start with the storage API token, the arrival timestamp in seconds
since epoch, the expires timestamp in the same format (or 0 if there is no Expires:
header), and then the overview data.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act. By default, all of the overview information for that newsgroup is
dumped, but the -a option may be given to restrict the dump to the information for a
single article.
-o Dump the overview information for a newsgroup, in the same format as it would be
returned to clients but with one modification. Appended to the end of each entry will
be four additional pieces of data: the article number according to the index file for
that group labelled with "Article:", the storage API token for that article labelled
with "Token:", the arrival date for that article on the server in RFC 5322 date format
labelled with "Arrived:", and the expiration date for that article (from the Expires:
header) in RFC 5322 date format if there is any, labelled with "Expires:".
If this option is given, the -n option must also be given to specify the newsgroup on
which to act. By default, all of the overview information for that newsgroup is
dumped, but the -a option may be given to restrict the dump to the information for a
single article.
-p path
Act on the overview database rooted in path, overriding the overview path specified in
inn.conf.
-R path
Rebuild the overview for a given group from the articles stored in path. The articles
must be in the form of a traditional spool directory; in other words, each article
must be in a separate file and the name of the file must match the article number of
the article.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act.
article is a valid NNTP range, meaning that
it can be either a single article number or a range of article numbers (like "1-5").
Either the start or the end (or both) of the range may be omitted, in which case they
will be set to the first or last article number in the group. Passing "-" for article
is therefore equivalent to not using the -a option at all.
Only useful in combination with the -o option to dump overview information or with -c
to specify the low and high article numbers when creating a group.
-c Create a new group in the overview database. The group must be specified with -n.
The newsgroup status defaults to "y" but may be set with -f. The low and high article
numbers default to 1 and 0 respectively, but may be set with -a. If only one number
is given to -a, it is taken as the high article number.
-F Audit the entire overview database for problems, fixing them as they're detected where
possible. This runs the internal consistency checks built into the tradindexed
overview implementation, checking such things as the validity and reachability of all
group index entries, the format of the individual overview entries, the correspondence
of index entries to overview data, and similar such things. The strategy used when
fixing problems is to throw away data that's unrecoverable, so be warned that using
this option may result in inaccessible articles if their overview data has been
corrupted.
To see what would be changed by -F, run tdx-util with -A first.
-f status
When creating a newsgroup with -c, set the status of the newly created group to status
instead of "y". Only useful with -c.
-g Dump the index of a particular group.
The fields are, in order, the article number,
the offset of the data for that article in the overview data file for that group, the
length of the overview data, the time (in seconds since epoch) when the article
arrived on the server, the time (in seconds since epoch) when the article should
expire based on its Expires: header (or 0 if there is no Expires: header), and the
storage API token of the article.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act.
-i Dump the master index of the overview database. This contains similar information to
the server active file, such as high and low water marks and moderation status, and is
the information that nnrpd hands out to clients.
The fields are, in order, the newsgroup name, the high water mark, the low water mark,
the base article number (the point at which the group index begins), the count of
articles in the group, the group status, the time (in seconds since epoch) when that
newsgroup was deleted or 0 if it hasn't been, and the inode of the index file for that
group.
A particular newsgroup can be specified with the -n option. If -n is not given, the
entire master index will be dumped.
-n newsgroup
Specify the newsgroup on which to act, required for the -i, -o, and -R options.
-O Dump the overview information for a newsgroup in the format used by overchan as input.
Each line will start with the storage API token, the arrival timestamp in seconds
since epoch, the expires timestamp in the same format (or 0 if there is no Expires:
header), and then the overview data.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act. By default, all of the overview information for that newsgroup is
dumped, but the -a option may be given to restrict the dump to the information for a
single article.
-o Dump the overview information for a newsgroup, in the same format as it would be
returned to clients but with one modification.
Appended to the end of each entry will
be four additional pieces of data: the article number according to the index file for
that group labelled with "Article:", the storage API token for that article labelled
with "Token:", the arrival date for that article on the server in RFC 5322 date format
labelled with "Arrived:", and the expiration date for that article (from the Expires:
header) in RFC 5322 date format if there is any, labelled with "Expires:".
If this option is given, the -n option must also be given to specify the newsgroup on
which to act. By default, all of the overview information for that newsgroup is
dumped, but the -a option may be given to restrict the dump to the information for a
single article.
-p path
Act on the overview database rooted in path, overriding the overview path specified in
inn.conf.
-R path
Rebuild the overview for a given group from the articles stored in path. The articles
must be in the form of a traditional spool directory; in other words, each article
must be in a separate file and the name of the file must match the article number of
the article.
If this option is given, the -n option must also be given to specify the newsgroup on
which to act.
EXAMPLES
Dump the master index for the overview database in /news/overview, regardless of the
overview path specified in inn.conf:
tdx-util -i -p /news/overview
Dump the group index for example.test:
tdx-util -g -n example.test
Dump the complete overview information for example.test:
tdx-util -o -n example.test
Dump the overview information for articles 45 and higher in example.test:
tdx-util -o -n example. test -a 45-
Create an entry for example.test with mode m and low and high article numbers of 4 and 23,
respectively.
tdx-util -c -n example.test -f m -a 4-23
Audit the entire overview database for any problems:
tdx-util -A
Rebuild the overview information for example.test from a traditional spool directory:
tdx-util -R <patharticles in inn.conf>/example/test -n example.test
The last command may be useful for recovering from a bad crash or corrupted overview
information for a particular group, if you are also using the tradspool article storage
method.
test -a 45-
Create an entry for example.test with mode m and low and high article numbers of 4 and 23,
respectively.
tdx-util -c -n example.test -f m -a 4-23
Audit the entire overview database for any problems:
tdx-util -A
Rebuild the overview information for example.test from a traditional spool directory:
tdx-util -R <patharticles in inn.conf>/example/test -n example.test
The last command may be useful for recovering from a bad crash or corrupted overview
information for a particular group, if you are also using the tradspool article storage
method.
HISTORY
Written by Russ Allbery <[email protected]> for InterNetNews.
$Id: tdx-util.pod 9767 2014-12-07 21:13:43Z iulius $
SEE ALSO
makehistory(8), nnrpd(8).
What is a stock index and why was it invented
The Moscow Exchange Index has updated its historical maximum.
But what lies behind this concept? RBC Quote talks about the most famous indicators on the stock exchange and why they are so important for the market
Photo: uforms.ru for RBC Quote
There are hundreds of thousands of companies in the world whose securities are traded on stock exchanges. It is impossible to track changes in the prices of all securities. To understand the main mood in the market, financiers came up with stock indices. They reflect how much the cost of a certain group has changed on average.
securities
.
Investors use stock indices both to assess the situation on trading floors and to predict the results of future trading. Indicators are calculated for different countries, industries or for a specific group of securities – stocks, bonds and other assets.
The stock index of the exchange is usually not the average value of the shares of all companies on the trading floor. Most often, stock indicators are calculated by a certain number of shares.
Mostly these are securities of the most expensive companies or stocks with the largest trading volumes.
www.adv.rbc.ru
Moscow Exchange Index (IMOEX). The main indicator of the Russian stock market, which is calculated in rubles. In January 2020, the index includes 39 companies whose shares have the highest liquidity. Sberbank, Gazprom and LUKOIL occupy the largest share in the index – investors trade these securities most often. The composition of the index and the weight of shares are reviewed by the stock exchange every three months. It also calculates a version of the total return index that takes into account dividend payments.
Moscow
exchange
began to calculate the index on September 22, 1997 from the level of 100 points. The historical minimum of the indicator value was recorded on October 5, 1998 at around 18.53 points, and the index set its maximum on January 15, having risen to 3166 points.
RTS Index (RTSI) . A complete analog of the Moscow Exchange index, but calculated in US dollars. Now the RTS index includes 39 most liquid stocks of the largest Russian companies from different sectors of the economy. The composition of issuers and the weight of their shares in the index is reviewed by the Moscow Exchange once a quarter.
The indicator was launched on September 1, 1995. The calculation of the index started with a value of 100 points. The historical low was recorded on October 2, 1998 at around 37.74 points, and the record level was on May 19, 2008, when the index reached a value of 2498.1 points.
Moscow Exchange Blue Chip Index (MOEXBC) . It includes 15 shares of the most liquid and expensive issuers. The index is based on ruble prices of securities. The most significant are the ordinary shares of Sberbank, LUKOIL, Gazprom, Norilsk Nickel and NOVATEK.
MSCI Russia is the Russian stock market index calculated by the financial company MSCI. Large foreign investment funds are mainly guided by this index, and there are more than 600 such funds. Instead of independently analyzing individual Russian companies in detail, they choose to buy shares included in the MSCI Russia index or completely copy the entire index.
MSCI reviews the indices every quarter. Changes in the weight of Russian stocks in the MSCI Russia index, inclusion and exclusion of stocks from the index can all have an impact on the market, as index funds change the structure of their portfolio following the rebalancing of the index.
The indicator is calculated in US dollars based on data in rubles (based on quotes on the Russian stock exchange) and in foreign currency (based on ADR and
GDR
). The weight of a company’s share in the MSCI Russia index depends on
capitalization
company, the number of shares in free float (free-float) and their availability for foreign players.
Photo: NASA HQ PHOTO / Flickr
Most famous international indices:
- Dow Jones Industrial Average (DJIA) — New York Stock Exchange index (USA). It includes 30 shares of industrial companies;
- NASDAQ Composite (IXIC) is an index of the American stock exchange NASDAQ. It is calculated based on the quotes of all traded shares. These are mainly Internet holdings, electronics and software manufacturers. Almost a third of the weight of the NASDAQ Composite comes from five companies: Microsoft, Apple, Amazon, Facebook and Alphabet;
- FTSE 100 (FTSE) — the index of Europe’s largest London Stock Exchange (UK), calculated by the FTSE Group based on the share price of 100 companies with the largest capitalization, listed on the London Stock Exchange;
- DAX is a German stock index, which includes 30 shares of the largest German companies. The index is calculated by Deutsche Börse AG;
- CAC 40 – French stock index. It includes 40 largest companies that are traded on the second largest stock exchange in Europe, Euronext Paris;
- S&P 500 (SPX), considered by Standard & Poor’s for quotations of 500 shares of the world’s largest companies;
- Nikkei 225 (N225) — index of the Tokyo Stock Exchange (Japan), calculated as a simple arithmetic average of the prices of the 225 most liquid stocks;
- Shanghai Composite (SSEC) is an index of the Shanghai Stock Exchange (China).
It includes 40 largest companies that are traded on the second largest stock exchange in Europe, Euronext Paris; You can invest in a stock index, for example, by buying on the stock exchange all the securities included in the index or investment funds
ETF
(Exchange Traded Fund), the portfolio of which repeats the composition of the corresponding stock index.
You can start investing right now on RBC Quote. The project was implemented jointly with VTB Bank.
An exchange-traded fund that invests participants’ funds in stocks according to a certain principle: for example, in an index, industry, or region.
In addition to shares, the fund may also include other instruments: bonds, commodities, etc.
The company’s market value, calculated from the number of company shares multiplied by their current price. Capitalization of the stock market – the total value of securities circulating in this market.
A security tied to the shares of a particular company and issued by a bank (depository bank). The main opportunity that a depositary receipt gives an investor is the opportunity to practically own shares of a foreign company, but at the same time remain within the framework of the legislation of the depository bank. For example, an American Depository Receipt (ADR) for the shares of a Russian company is, on the one hand, an American security, the trade of which is regulated by American law, on the other hand, it gives the right to a share of profits and the right to vote at a meeting of shareholders of a Russian company
A financial instrument used to raise capital. The main types of securities: shares (gives the owner the right of ownership), bonds (debt security) and their derivatives.