While it is not possible to trade a stock index directly on the Dow, it is still possible to invest using Exchange-Traded Funds (ETFs), which follow the result of a particular index, by using leveraged and short funds, Futures contracts and Contracts for Differences (CFDs) which enables trade with or against the changes in the Dow. Trading the Dow as a CFD involves knowledge of the margin requirement per contract, spread, pip value and sound technical analysis. The CME Group offers the means to speculate against the value of the Dow index in the futures market.