Index futures are futures contracts based on a financial index. The price of index futures is derived from an underlying index that measures the price movement of one or a basket of assets.
Why Trade Index Futures?
Index futures that derive their price from a basket of assets allow you to control your exposure to the price movement of several assets at once. This makes index futures a popular and useful tool in derivatives trading to hedge against overall market volatility. BTSE currently offers two different index futures products.
BNC-BTSE Composite Index Family
The BNC-BTSE Composite Index Family (BBCX, BBAX, BBDX) tracks the real-time market performance of a basket of large-cap cryptocurrencies by free-float market capitalization.