US S&P 500 Index (Cash) US500

What is US S&P 500 Index (Cash)?

S&P 500 Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American S&P 500 stock index nearest to their expiration dates. The index, in turn, includes 505 selected public companies with the largest capitalisation traded on US stock exchanges. 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 its significantly lower spreads compared to CFDs on this index. We recommend using this instrument for short-term trading strategies.