Stock index futures (CME S&P 500 futures)
Summary :
Table of Contents
- Presentation of the product
- Definitions
- Stock index futures
- Definition of a stock index
- Definition of a Future
- Reasons of the successfulness of the Stock Index Futures
- The flexibility
- The leverage
- Hedging a portfolio
- Liquidity and depth of the stock index future markets
- Use of the stock index future as a proxy
- Specifications of the stock index futures
- The S&P 500 Index
- Case study application
- Bibliography
Abstract
Definition of a stock index - "An indicator used to measure and report value changes in a selected group of stocks. How a particular stock index tracks the market depends on its composition the sampling of stocks, the weighting of individual stocks, and the method of averaging used to establish an index."
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