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Novartis (NOVN.VX) Trading on MT5 at XM
At XM we offer Novartis (NOVN.VX) stocks as cash CFDs. Our cash CFDs stocks are undated transactions that aim to replicate the cash price of the underlying stock, and so they are adjusted for any relevant corporate actions.
About Novartis (NOVN.VX) Trading
Novartis International AG is a multinational pharmaceutical company founded in 1996 and based in Basel, Switzerland. In 2015, it ranked as the world’s largest healthcare company based on its market capitalization. Novartis manufactures a large number of generic drugs, over-the-counter medicines, vaccines, consumer health related pharmaceuticals, and animal health related products.
The company stock, NOVN.VX, is traded on the on the SIX Swiss Exchange.
Trading Conditions
| Margin requirement | 10 % |
| Spreads as low as | 0.18 |
| Symbols | Novartis |
| Description | Novartis |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | CHF 0.1 |
| Value of 1 lot | 10 Shares |
| Spreads as low as | 0.18 |
| Min/Max Trade Size | 0.6/109 |
| Swap Value in Margin Currency Long | -2.17 % |
| Swap Value in Margin Currency Short | -3.83 % |
| Limit and Stop Levels** | 0.04 |
| Total Volume Limit (per client)*** | 1089 |
Weekday 10:10-18:15 (GMT +2)
Monday Open 10:10 (GMT +2)
│
Friday Close 18:15 (GMT +2)
** Min. level for placing pending orders at a current market price.
*** Note that the maximum trading volume for Novartis per client is 1089 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.
How to Start Trading Novartis (NOVN.VX)?
Step 1
Open an XM Real Account
Step 2
Download and login to the MT5 platform
Step 3
Double-click on Novartis (NOVN.VX) from the “Market Watch” to open an order for this instrument.
