Instrument Info provides all essential information about an instrument in real time and visualises the trading schedule. Find Instrument Info by right-clicking on the chosen instrument!
Let's examine the window in more detail!
Instrument Info is visually divided in seven parts:
EXANTE ID, description and exchange info
Current feed status
‘Copy’ button that copies all instrument information on the clipboard
Note! The schedule won’t be copied.
Colour-coded schedule
Instrument-specific information
Instrument-specific information
Account-specific trading conditions, commissions and fees
Position of the instrument in your portfolio
Click on 'Specification' and see additional information about the instrument provided by the exchange:
Let's explore each part of Instrument Info in more detail!
ISIN - International Securities Identification Number (US0378331005)
FIGI - Financial Instrument Global Identifier (BBG000B9XRY4)
Ticker - the name of an instrument in a specific exchange. The combination of Ticker and Exchange is the EXANTE ID of an instrument (AAPL.NASDAQ)
Unit - unit of measurement applied on instrument trading. Unit is defined by instrument Type (Shares)
Stamp Duty (not for all instruments) - whether or not a stamp duty tax is placed on the instrument
Levy Fee (not for all instruments) - whether or not a levy fee is placed on the instrument
In our example, the units are shares of a stock. Funds and ETFs are also measured in shares, whereas futures, options or options on futures are measured in contracts. Commodities and bonds are traded in currency units. |
Lot size and (if applicable) Minimum lot size - describes minimum possible order quantity. The quantity traded must be a multiple of Lot size and no less than Minimum lot size (1)
Bonds are traditionally traded in price units that differ from 1. All other instruments shall have 1 here (1)
Contract Multiplier - indicates how many contracts one unit comprises (1)
Type - indicates instrument type (Stocks & ETFs)
Currency - indicates the currency in which the instrument is traded ($)
Price step and Price step value have similar functions: the former shows minimum price digression whereas the latter shows the cost of that digression per 1 unit (0.01 & 0.01$)
Deliverable indicates whether or not the account has any unfulfilled obligations with respect to the instrument
Short position indicates whether you can open positions by selling an instrument you borrow from a broker (Yes)
Required margin - sets an amount needed to trade an instrument. For some instruments, it depends on the trade side: you will see exactly how it varies whether you are buying or selling (26.02$)
There’s another nifty way to see how margin utilisation will change before you place an order. Hover the cursor over the BUY or SELL buttons to see margin delta in 'Click-Trade', 'Order', or 'Basket Trader' modules.
 Read more about margin in A Guide to the Margin Requirements. |
Information on instruments that belong to other asset classes may also include:
Underlying - specifies the Underlying itself (AAPL.NASDAQ - Options contract on Apple stock). You can open the context menu or drag and drop the underlying into other modules
Expiry date - expiration date for derivatives is the final date on which the derivative is valid. After that time, the contract expires (19.03.2021 22:00)
Overnight rates - applicable when you hold an asset for several days. A positive value here means you will get money for storing the asset stored in your EXANTE account
Concentration rate - leverage rate applied when a position risk (position value * concentration leverage) exceeds the account balance
Leverage rate - indicates a proportion of your money in a trade. A leverage rate of 100% means the position will be totally covered by your own assets. A leverage rate 2% implies a 1:50 leverage
If you’re frequently using margin trading, please pay attention to Leverage rate, Concentration rate and Required Margin.
Explore the platform
EXANTE clients have direct access to over 50 markets. A quick search by Apple's ISIN shows that Apple stocks are available for trading at least at three venues: Börse Frankfurt, London Stock Exchange, Xetra, MICEX and NASDAQ. Compare trading schedules and conditions and cash in on these data!