Indexes are among the favorite assets to trade for many binary option traders, as the market is very liquid and has plenty of volatility. This is what is required in order to make the market interesting and to create clear trading opportunities.
There are a number of indices available to trade. These include the NASDAQ, NASDAQ 100, S&P 500, the Dow Jones and the Volatility Index or (VIX) for short. A trader should not forget to read financial analysis on indices in order to make his/her prediction more correctly.
- S&P 500: This index is considered the major indicator of the US economy, as it is based on the performance of the share prices of the top 500 companies in the United States. Binary Options on this index could be traded between Monday and Friday 9:40 PM to 4:15 AM EST.
- Dow Jones: This index is composed of the prices of the 30 most traded stocks on the New York Stock Exchange. It includes some of the leading companies today, including Coca Cola and Microsoft (and many others). The symbol for the Dow Jones Index is DJI and is one can trade binary options on the Dow Jones between 9pm and 4am Eastern Standard Time.
- NASDAQ: is an Index that uses the average prices of the stocks, which are listed on the NASDAQ stock market. It is considered to be the largest index as its figure is derived from is from over 3000 stocks. You could trade this Index between 9pm and 4am EST at any of our leading binary options brokers.
- NASDAQ 100 Future: This Index includes the top 100 domestic and international stocks, whose core businesses is not related to finance. These include stocks from companies such as Google, Yahoo, Cisco and others.
The information in the above analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.