A new way to trade index and crypto markets with pricing that follows the live market. Clearer pricing. Fewer rollovers. Stay closer to real market moves.
A different way to trade futures
Instead of trading at a traditional futures price that can sit above or below the underlying market, Spot-Quoted Futures are quoted to reflect what you see in the live market price - like the levels you’d see on charting platforms or price feeds.
A daily financing adjustment is applied in the background, to reduce the usual gap between futures pricing and the underlying market. The daily adjustment may result in either a credit or debit, depending on market conditions and position direction.
For traders, that means you can trade popular indices and crypto in a way that feels more direct, with pricing that stays close to the live market, making it easier to follow and compare.
Prices stay closer to the market you’re watching, reducing the usual gap seen in futures pricing and making moves easier to interpret.
Longer-dated contracts reduce the need to frequently roll positions forward.
Trade futures with smaller contract sizes, giving you more flexibility to scale positions and manage your market exposure.
Access indices and crypto through an exchange-traded futures product, with transparent pricing and defined contract terms.
Trading Spot-Quoted Futures involves substantial risk of loss and is not suitable for all investors. Futures prices may not track spot prices exactly, and market volatility may result in significant losses, including losses exceeding deposited funds.
Access some of the world’s most widely followed index and crypto markets through Spot-Quoted Futures:
Track the performance of the world’s most widely followed equity index.
Trade price movements in leading technology and growth stocks.
Access US small-cap market exposure.
Trade Bitcoin price moves with an exchange-traded structure.
Take positions on one of the most actively traded digital assets.
All markets are traded using the same transparent, commission-based pricing. See full costs below. Contract details and trading conditions are available within the platform.
Spot-Quoted Futures use a commission-based pricing model. Each trade is charged a fixed commission, so your costs are transparent and separate from the market price. If you hold a position overnight, a daily financing adjustment is applied as part of the futures contract structure. This reflects the cost of maintaining the position over time. For intraday trades, this adjustment generally has little or no impact. See full financing adjustment data on the CME.
To open a position, you’ll need to meet the margin requirement for each contract. Spot-Quoted Futures use smaller contract sizes, making them more accessible than many traditional futures, while still offering exchange-traded exposure.
See how Spot-Quoted Futures compare with traditional futures and CFDs
* Implied leverage may vary significantly depending on the contract, margin requirements and market conditions, and may change.
When you place a trade, you’re trading at a price that reflects the current market level. Behind the scenes, the contract is still structured as a futures product. That means a financing adjustment is automatically applied as part of how the position is maintained. In simple terms:
This setup gives you a more direct view of the market compared to traditional futures, so the price you trade is easier to compare with what you see elsewhere.
A more straightforward way to follow futures pricing, with quotes aligned to the market you’re watching.
A structure designed to reduce pricing distortion, making market moves easier to interpret and quickly act on.
Trade intraday movements with pricing that stays close to the live market.
Reduce the need for frequent rollovers, while managing overnight exposure.
Trade an innovation on the traditional futures product, in an environment designed for active traders.
Open a live account to trade with pricing aligned to the market, or start with a demo to see how the product works in real conditions.
Spot-Quoted Futures are futures priced close to the underlying spot market, making charts and market movements easier to follow and compare.
Unlike traditional futures, Spot-Quoted Futures are quoted in line with the live market price, making price movements easier to follow and compare with charts and market feeds.
You can trade Spot-Quoted Futures on major equity indices like the S&P 500, Nasdaq-100 and Russell 2000, as well as cryptocurrencies such as Bitcoin and Ether.
Yes, SQFs are designed specifically for active traders, with smaller contract sizes, direct index pricing and fewer rollovers than traditional futures.