ASIA 200: live price, payout and trading hours

ASIA 200 is a synthetic index made for Sky Trade's OTC section. Despite the name, it is not based on Asian stock markets: it does not replicate any real index, contains no companies and is not calculated from any share prices. Its value is generated by Sky Trade's server around the clock.

The word Asia in the name is a label, not a link. When Asian exchanges open, close or have a dramatic day, ASIA 200 does not notice. Regional events, central-bank announcements in Asia or company results do not feed into it, and it does not pause for holidays or weekends. The value is measured in points with one decimal place and is produced by a random-walk model ticking every 0.5 seconds — every step is equally likely to be up or down, volatility rises and falls gradually, and nothing in the model leans against the trader.

In practice that means two things. First, ideas borrowed from equity trading — trading the open, watching futures overnight, playing earnings — have no place here. Second, the direction of a short trade on ASIA 200 is, by the nature of the model, close to a coin flip, while the payout is always below 100% of the stake. Example: at an 80% payout you need to win 55.6% of trades just to break even, which a random walk does not give you. Keep stakes small and treat it as what it is — a generated instrument.

More on how this works: OTC explained and break-even win rate.