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UMG_CFD

Universal Music Group N.V.

Universal Music Group N.V. is a globally recognized music company with a presence in over 60 countries. The organization boasts of some of the most iconic and influential music labels, including Capitol Music Group, Def Jam Recordings, Island Records, Republic Records, and Universal Music Enterprises. With an extensive music catalog that spans across all genres, Universal Music Group N.V. is committed to discovering and nurturing new talent while promoting established artists. The company's primary objective is to connect music lovers with the music they adore through innovative marketing and distribution strategies. Universal Music Group N.V. is also dedicated to supporting the creative community by providing resources and opportunities for artists, songwriters, and producers. With a focus on innovation and collaboration, Universal Music Group N.V. is at the forefront of shaping the future of the music industry.

Instrument specification for Universal Music Group N.V.

Name UMG_CFD.NL
Minimum order value 1
Description Universal Music Group N.V.
Maximum order value 2297
Transaction Step 1
Type Equities NL
Trading Hours monday-friday 09:01-17:29
Contract size / 1 lot Price * 1 EUR
Deposit required 20%
Value of 1 pip 0.001
Financial leverage 5:1
Minimal step 0.001
Long swap (daily) -0.01506%
Short sale YES
Short swap (daily) -0.00161%
Distance SL and TP 0
3-day swap (date) 5

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