INDEX 250: live price, payout and trading hours

INDEX 250 is a synthetic index created for Sky Trade's OTC section. It does not replicate any real stock index, it contains no shares, and it is not calculated from the prices of any companies. The number on the chart is generated by Sky Trade's server, 24 hours a day, seven days a week.

The name follows the convention of stock indices, and the value is expressed in points with one decimal place. That is where the resemblance ends. A real index rises and falls with the share prices of its members, reacts to earnings, interest rates and economic news, opens and closes with its exchange, and can gap overnight. INDEX 250 has none of these: no members, no earnings season, no opening bell, no dividends and no news flow. The model behind it produces a new tick every half-second; the direction of each step is unpredictable, there is no built-in drift against traders, and its volatility changes slowly over time.

What you cannot do is analyse it like a stock index. Economic calendars, sector rotation and company results do not apply. If you use technical tools on it, remember that on a series generated this way they describe the past rather than forecast the future — and since the payout is always below 100% of the stake, a coin-flip outcome loses money over many trades.

For a fuller explanation of how generated instruments work, see OTC explained.