Futures Index
Stock price index is the average price of several most representative stocks from an exchange. Stock index can also be used as an indicator of market trends, it means the movement of the index describes the market conditions at a time, whether the market is active or lethargic.
By observing stock index, we can get a picture whether the stock price is now being raised, lowered, or steady. For example, if the index value rising from 100 to 120, hence we can assume that the average stock price increase by 20%.
At MySmartFx, You can trade stock index futures which is the "derivative product" from the value of stock index. A few examples of stock indexes are:
- Hang Seng, stock index from the Hong Kong stock exchange
- Nikkei 225, stock index from the Tokyo stock exchange
- KOSPI 200, which is a stock indexes from the South Korean stock exchange
- Nasdaq, Dow Jones and S & P 500, which are indexes from the U.S. stock exchange
