Trade Stock Baskets with FXCM
FXCM now offers Stock Baskets that allow you to speculate on the performance of a certain sector without having to open exposure on each stock individually. Trading a stock basket is simple, if you think the performance of that sector will improve, you go long (Buy), if you think the sector will weaken you go short (Sell).
What is an FXCM Stock Basket
FXCM's Stock Baskets contain a number of individual stocks relating to a specific sector.
At the time of the baskets inception, each stock was given a value in $ terms (US$ for US Stock Baskets, HK$ for HK Stock Baskets). The baskets will from that point forward measure the collective performance of each of the correlated components.
FOR EXAMPLE:
FAANG's original price was $2,000 and Netflix represented $400 of that $2,000
If today that same amount of Netflix shares that were worth $400 is now worth $415, that stocks contribution to FXCM's FAANG price will be 415.
The contribution of each of the stocks will formulate the current rate of FXCM's FAANG Index.
Available Instruments and Index Components
FAANG
COMPANY |
TICKER |
Inception Weight |
Facebook Inc. |
FB |
20% |
Amazon.com Inc |
AMZN |
20% |
Apple Inc |
AAPL |
20% |
Netflix Inc |
NFLX |
20% |
Alphabet Inc. Class C (Google) |
GOOG |
20% |
BIOTECH
COMPANY |
TICKER |
Inception Weight |
AbbVie, Inc. |
ABBV |
20% |
Amgen Inc. |
AMGN |
20% |
Gilead Sciences, Inc. |
GILD |
20% |
Celgene Corporation |
CELG |
20% |
Vertex Pharmaceuticals Incorporated |
VRTX |
20% |
CANNABIS
COMPANY |
TICKER |
Inception Weight |
Tilray Inc. |
TLRY |
6% |
GW Pharmaceuticals PLC |
GWPH |
22% |
Canopy Growth Corp |
CGC |
22% |
Aurora Cannabis Inc. |
ACB |
6% |
Cronos Group Inc. |
CRON |
22% |
Innovative Industrial Properties Inc |
IIPR |
22% |
ESPORTS & GAMING (ESPORTS)
COMPANY |
TICKER |
Inception Weight |
Advanced Micro Devices, Inc. |
AMD |
20% |
NVIDIA Corporation |
NVDA |
20% |
Electronic Arts Inc. |
EA |
20% |
Activision Blizzard, Inc. |
ATVI |
20% |
Sony Group Corporation |
SONY |
20% |
CHINA TECH (CHN.TECH)
COMPANY |
TICKER |
Inception Weight |
Baidu Inc. |
BIDU |
20% |
NetEase Inc. |
NTES |
20% |
Weibo Corp |
WB |
20% |
IQIYI Inc. |
IQ |
20% |
Bilibili Inc. |
BILI |
20% |
CHINA ECOMMERCE (CHN.ECOMM)
COMPANY |
TICKER |
Inception Weight |
Alibaba Group Holding Ltd |
BABA |
20% |
Trip.com Group Limited |
TCOM |
20% |
JD.com, Inc. |
JD |
20% |
Pinduoduo Inc. |
PDD |
20% |
Tencent Music Entertainment Group |
TME |
20% |
Big China Tech (ATMX)
COMPANY |
TICKER |
Inception Weight |
Alibaba Grouping Holding Ltd |
9988 |
25% |
Tencent Holdings Ltd |
0700 |
25% |
Meituan |
3690 |
25% |
Xiaomi Corp. |
1810 |
25% |
Travel & Hospitality (Travel)
COMPANY |
TICKER |
Inception Weight |
Hyatt Hotels Corporation |
H |
20% |
Marriott International Inc |
MAR |
20% |
Hilton Hotels Corporation |
HLT |
20% |
Booking Holdings Inc |
BKNG |
20% |
Tripadvisor Inc |
TRIP |
20% |
US Automotive (US.AUTO)
COMPANY |
TICKER |
Inception Weight |
Ford Motor Company |
F |
20% |
General Motors Company |
GM |
20% |
Tesla Inc |
TSLA |
20% |
Stellantis NV (Chrysler, Fiat and Peugeot) |
STLA |
20% |
Harley-Davidson Inc |
HOG |
20% |
US Banks (US.BANKS)
COMPANY |
TICKER |
Inception Weight |
JPMorgan Chase & Co. |
JPM |
20% |
Bank of America Corp |
BAC |
20% |
Wells Fargo & Co |
WFC |
20% |
Citigroup Inc |
C |
20% |
Capital One Financial Corp. |
COF |
20% |
US E-Commerce (US.ECOMM)
COMPANY |
TICKER |
Inception Weight |
Etsy Inc. |
ETSY |
18% |
Wayfair Inc. |
W |
18% |
Shopify Inc. |
SHOP |
18% |
Walmart Inc. |
WMT |
18% |
Ebay Inc. |
EBAY |
18% |
Amazon.com Inc. |
AMZN |
10% |
Work From Home (WFH)
COMPANY |
TICKER |
Inception Weight |
Peloton Interactive Inc |
PTON |
20% |
Slack Technologies Inc |
WORK |
20% |
Zoom Video Communications Inc |
ZM |
20% |
Chewy Inc |
CHWY |
20% |
Twilio Inc |
TWLO |
20% |
Airlines
COMPANY |
TICKER |
Inception Weight |
Delta Air Lines Inc |
DAL |
20% |
American Airlines Group Inc |
AAL |
20% |
United Airlines Holding Inc. |
UAL |
20% |
Southwest Airlines Co. |
LUV |
20% |
JetBlue Airways Corporation |
JBLU |
20% |
Casinos
COMPANY |
TICKER |
Inception Weight |
MGM Resorts International |
MGM |
20% |
Wynn Resorts, Limited |
WYNN |
20% |
Caesars Entertainment Inc. |
CZR |
20% |
Las Vegas Sands Corp. |
LVS |
20% |
Draftkings Inc. |
DKNG |
20% |
CRYPTO STOCKS (CRYPTOSTOCK)
COMPANY |
TICKER |
Inception Weight |
Bit Digital Inc |
BTBT |
20% |
Coinbase Global Inc |
COIN |
20% |
Hut 8 Mining Corp |
HUT |
20% |
Maratdon Digital Holdings Inc |
MARA |
20% |
Silvergate Capital Corp |
SI |
20% |
URANIUM
COMPANY |
TICKER |
Inception Weight |
Cameco Corp |
CCJ |
25% |
NexGen Energy Ltd |
NXE |
25% |
Denison Mines Corp |
DNN |
25% |
North Shore Global Uranium Mining ETF |
URNM |
25% |
How To Trade Stock Baskets
You can enable the available instruments on your account today by typing either STOCK BASKETS, FAANG, CANABBIS, ESPORTS, BIOTECH, CHN.TECH, CHN.ECOMM, TRAVEL, US AUTO, US BANKS, US E-COMMERCE, WFH or ATMX into the search box on the Trading Station Symbols list window.
- There is no additional entry or exit cost, all is included in the spread.
- Positions held past 5pm will be subject to overnight financing ("Rollover").
- Dividend Adjustments and Withholdings1 will apply to positions held over the ex-dividend dates of the individual components.
- Margin rates are currently approximately 20% for all Stock Baskets and are updated daily.
- Products are available only when the underlying stock exchanges are open.
See full product parameters.