Italy 40 CFD

The Italy 40 CFD is designed to follow the FTSE MIB Index, Italy's main equity-market benchmark. The index contains 40 of the most liquid and highly capitalized shares traded on Euronext Milan and seeks to reflect the listed market's broad sector structure. It uses free-float-adjusted market-capitalization weighting, constituent caps and liquidity screens. Banks, utilities, energy, industrial businesses and consumer brands can make significant contributions to performance. IT40 can react to European Central Bank policy, Italian government-bond yields, fiscal developments, credit conditions and energy prices. Its performance is not a direct measure of Italy's overall economy. IT40 is a leveraged CFD rather than the FTSE MIB cash index or ownership of its constituent shares. Spreads, financing, dividends, futures fair value and extended trading hours may cause its quote to differ from the official index. Leverage magnifies gains and losses, so check the quote basis, session and product terms.