One example is the Volatility 75 Synthetic Index.
Volatility 75 is designed to simulate a market with a defined level of volatility. It does not track a real share, currency, commodity or stock-market index.
Its price is generated algorithmically and is not driven by real-world economic news or market events.
Within the Volatility family, the number indicates the relative volatility setting.
For example:
- Volatility 50 has a lower simulated volatility setting;
- Volatility 75 has a higher setting than Volatility 50; and
- Volatility 100 has the highest setting of the three.
Synthetic indices are available only where supported for your account and region.