Products / Indices
INDICES
Equity indices, or stock indices as they are also commonly known, are actual stock market indexes, which measure the value of a specific section of a stock market. They are calculated based on a weighted average of the prices of selected stocks, which belong to the actual category that they represent. Stock indices can represent a specific stock market such as NASDAQ, or they can represent a specific set of the largest companies of a nation such as the American S&P 500, the British FTSE 100, or the Japanese Nikkei 225.
The purpose of the indices is to show the general direction of a specific stock market or of the general economy of a nation. However, since stock indices are composed of a basket of companies they can be very much affected by a big move of a specific company or by a big move of a specific sector of trade.
The actual weight given to a stock index from the underlying basket of stocks varies amongst the various indices, which means that not all use the same criteria to derive the end result. The two main ways to calculate the actual weight a specific underlying stock produces to the index itself is price weighting and capitalization weighting.
S&P 500 ( @@SP' ): Mini S&P 500 Index Future ,stock market index was introduced by the American financial services company Standard & Poor’s Financial Services LLC in 1957. It is a leading indicator of US equities, and as one of the most frequently used benchmarks for the US stock market on the whole, it covers about 75% of the American equity market by capitalization.
FTSE 100 Index Future (@@FTSE): The FTSE 100 stock index stands for Financial Times Stock Exchange 100 Index, encompassing the 100 companies with the highest market capitalization listed on the London Stock Exchange.
E-mini NASDAQ (@@NQ): The main NASDAQ index is the NASDAQ Composite, with its subset NASDAQ 100 (US100) that consists of 107 equity securities issued by the 107 most powerful non-financial companies listed on the NASDAQ Stock Exchange.
Dow Jones Futures (@@DJ): the second oldest stock market index in the United States after the Dow Jones Transportation Average, shows the performance of 30 major American companies during a standard trading session in the stock market. It is calculated by the DJ Divisor by dividing the total sum of all prices of all 30 stocks that it represents.
DAX Index Future (@@DAX): DAX stands for Deutscher Aktienindex, is the principal German stock market index representative of the 40 major companies that trade on the Frankfurt Stock Exchange. It is considered to be a blue chip index in terms of quality and profitability.
