The Dow index future
index is 0.07% firmer in pre-market trading.
According to SGX's own figures, trading of the SGX S&P CNX Nifty index future
, a contract based on the 50 leading Indian stocks listed on the National Stock Exchange, increased by 42% during 2010, reaching a high of 1.19 million contracts in November.
of Reading, UK) introduces the general properties of stock index futures
markets and analyzes some of the economic forces at work in index future
From an institutional perspective, a synthetic index portfolio position can be created by a long position in an index future
combined with the holding of a money market instrument.
A stock index future
is just like a port belly future, only instead of being a commitment to buy pork, it's a commitment to buy a "basket" of stocks.
In the case of a stock index future
, speculatorsbet that a group of stocks is going to go up or down in value.
The US Dollar Index Futures
was down 0.46percent at 97.613.
Futures for the Dow Jones Industrial Average fell 2 points to 25,941.00 while the Standard & Poor's 500 index futures
slipped 0.10 points to 2,883.25.
The index will provide investors with a useful benchmark of the largest liquid companies in Saudi Arabia and serve as the basis for development of an index futures
contract listed on Tadawul and can be licensed for other index linked financial instruments, including mutual funds, derivatives and exchange-traded products.
The MSCI Tadawul 30 Index (MT30) has been designed with tradability, investability and capping criteria to be able to serve as the basis for index futures
and other financial products including derivatives and exchange-traded products," Robert Ansari, Head of the Middle East at MSCI, said.
By trading the index futures
, investors can hedge their positions.