Wall Street 30
Wall Street 30 is derived from Dow Jones Industrial Average, which is one of the major stock indexes in United States.

What is Wall Street 30?

US 30 (Wall Street 30), is the headline US blue-chip index that includes some of the most well known companies in the United States, which are chosen by the Wall Street Journal. The index is underlies Dow Jones Industrial Average  (DOW) and is calculated based on a price weighed average. As a potentially profitable American index it is recognized as one of the important indictors of the U.S economy and stock market. This high performance index is one of the most widely recognized stock market indices in the world. At the start, this index was created to track the top industrial companies in the United States, however it now consists of companies from multiple sectors.

 

DOW 30 list of companies is checked and rebalanced quarterly, assuring that DOW 30 eligibility criteria are met. Having contained some of the most profitable shares in the U.S, this influential index has excellent potential for successful CFD trading.

 

It is important to keep in mind that with indices that include blue-chip companies, like US 30, dramatic highs and low can be reached. Traders must trade cautiously and strategically in order to achieve profits.

 

Advantages of trading DOW 30

One of the many advantages of trading indices, and in specific, the US 30, is the exposure to the number of high performing U.S stocks that can be traded through CFD’s. In addition, Wall Street 30 is a highly liquid index. This is important because liquidity assures that traders can quickly react to market movements, which not only catalysis profit but also reduces risk in trading. Another one of the many advantages of trading U.S 30 is the large amount of information in the financial media that can help identify future price movements of the index.

 

At PCM International, we understand that trading Forex and indices professionally consists of being educated and well informed on the details of the trading instrument at hand. Thus, we provide traders with the necessary tool, news and information necessary for profiting from index trading. PCM International allows easy access to live Dow 30 charts and forecasts, as well as updated news on economic events that affect U.S 30 prices. With us, traders are also able to benefit from professional trading platforms that enable them to use advanced CFD trading strategies.

 

The table below is provided for further details about the Wall Street 30 index.

 

Contract Specifications for Wall Street 30

Contract Parameters
Class Equity Index (stock market index)
Symbol WST30
Description Index representing 30 large US stocks
Standard Tradable Quantity (also called a LOT) 10 WST30 contracts
Minimum Tradable Quantity (the fraction of lot available to trade) 1 WST30 contract
Base Currency (Currency used for margin, P&L and other calculations) United States Dollars
Tick Size (The least incremental change in the price of the index) 1 (example: 16717 changes to 16718 at least)

List of stocks

Company Exchange Symbol Industry Date Added Notes
3M NYSE MMM Conglomerate 09/08/1976 as Minnesota Mining and Manufacturing
Alcoa NYSE AA Aluminum 01/06/1959 as Aluminum Company of America
American Express NYSE AXP Consumer finance 30/08/1982  
AT&T NYSE T Telecommunication 01/11/1999 as SBC Communications
Bank of America NYSE BAC Banking 19/02/2008  
Boeing NYSE BA Aerospace and defense 12/03/1987  
Caterpillar NYSE CAT Construction and mining equipment 06/05/1991  
Chevron Corporation NYSE CVX Oil & gas 19/02/2008  
Cisco Systems NASDAQ CSCO Computer networking 08/06/2009  
Coca-Cola NYSE KO Beverages 12/03/1987  
DuPont NYSE DD Chemical industry 20/11/1935 also 1924-01-22 to 1925-08-31
ExxonMobil NYSE XOM Oil & gas 01/10/1928 as Standard Oil of New Jersey
General Electric NYSE GE Conglomerate 07/11/1907  
Hewlett-Packard NYSE HPQ Computers and technology 17/03/1997  
The Home Depot NYSE HD Home improvement retailer 01/11/1999  
Intel NASDAQ INTC Semiconductors 01/11/1999  
IBM NYSE IBM Computers and technology 29/06/1979  
Johnson & Johnson NYSE JNJ Pharmaceuticals 17/03/1997  
JPMorgan Chase NYSE JPM Banking 06/05/1991 as J.P. Morgan & Company
McDonald's NYSE MCD Fast food 30/10/1985  
Merck NYSE MRK Pharmaceuticals 29/06/1979  
Microsoft NASDAQ MSFT Software 01/11/1999  
Pfizer NYSE PFE Pharmaceuticals 08/04/2004  
Procter & Gamble NYSE PG Consumer goods 26/05/1932  
Travelers NYSE TRV Insurance 08/06/2009 Property, casual and personal insurance.
UnitedHealth Group NYSE UNH Managed health care 24/09/2012  
United Technologies Corporation NYSE UTX Conglomerate 14/03/1939 as United Aircraft
Verizon NYSE VZ Telecommunication 08/04/2004  
Wal-Mart NYSE WMT Retail 17/03/1997  
Walt Disney NYSE DIS Broadcasting and entertainment 06/05/1991  

 

CFD Category: 
Shares-and-Indexes