Stock market index future

In finance, a stock market index future is a cash-settled futures contract on the value of a particular stock market index. The turnover for the global market in exchange-traded equity index futures is notionally valued, for 2008, by the Bank for International Settlements at US$130 trillion.[1]

  1. ^ Bank for International Settlements: Table 23A: Derivative financial instruments traded on organised exchanges in Statistical Annex (The international banking market), page 108.

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