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Xjo cash



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The Cash price on the IG trading platform is an adjusted futures price which takes the most liquid front month contract and adjusts it for dividends and interest between now and the future date of that particular market. This is the only way to really trade it, along with futures, as you cannot 'buy' a spot index price - for example the ASX. 

The price of an index you see on the TV and is quoted in real time is simply an indication of the value of those specific constituents, not a tradable asset. 

Let us know if you would like more explanation on the above, and I'm sure either myself or other community members will be able to add to this. 

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