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What is the SPX?
Updated April 12, 2023
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#1 (permalink )
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What is the SPX? Is it a tradable instrument? I understand what the SPY is the SP500 ETF . And the ES is the futures instrument of the SP500 but confused about the SPX. Is SPX just a calculation of the price of the SP500?
Can you help answer these questions from other members on futures io?
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#2 (permalink )
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blackgrey45
What is the SPX? Is it a tradable instrument? I understand what the SPY is the SP500
ETF . And the ES is the futures instrument of the SP500 but confused about the SPX. Is SPX just a calculation of the price of the SP500?
You can trade SPX, its options.
Stay safe, stay green friends!
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#3 (permalink )
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blackgrey45
What is the SPX? Is it a tradable instrument? I understand what the SPY is the SP500
ETF . And the ES is the futures instrument of the SP500 but confused about the SPX. Is SPX just a calculation of the price of the SP500?
"SPX" is the S&P 500 index. Many platforms and charting/quote services will use this if you want to just see the index itself.
There are also SPX options on the Chicago Board Options Exchange.
The SPX itself is not a tradeable instrument, but the options are of course, and they will have SPX in their symbols, as you might expect.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
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Last Updated on April 12, 2023
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