What effect does it have on the S&P 500 stock index future contract?
I am aware that the S&P 500 Index is a cap – weighted Index – is there a correlation with other cap – weighted indexes that trade on other exchanges? Could there be an investment opportunity that I could take advantage of, if I were to buy an S&P 500 stock index future contract? I have tried to convey what I am looking for, but should you have any other queries do not hesitate to get in contact Bruce. Warm Regards Gordon. ————————- Followup To Question – Dear Bruce, I was wondering if you could help me answer the following question about the S&P 500 stock index future contract. With respect to the S&P 500 stock index future contract, what is the effect or importance of other similar contracts traded on the S&P 500 Index or any other index for that matter. Look forward in anticipation. Regards Gordon Answer – Hi Gordon: I’m not exactly sure what you are asking. There are several index futures contracts that correpsond to underlying cash indices, eg the S&P500, Dow, NASDA
