Dow Cash | US30
Dow Cash
-
Quote: -
Change: -
Dow Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American Dow Jones stock index nearest to their expiration dates.
The index, in turn, is calculated on the basis of 30 companies selected by S&P Dow Jones Indices LLC.
One of the main advantages is that this instrument is infinite in time. In other words, it doesn’t expire on a monthly basis.
Another advantage of a synthetic instrument is significantly lower spreads compared to CFDs traded on this index. We recommend using this instrument for short-term trading.