EuroStoxx 50 Index Trading Defined and Explained
Introduced in 1998, the Dow Jones EURO STOXX 50 is a stock index of European stocks designed by STOXX Limited, a joint venture of Deutsche Boerse AG, Dow Jones & Company and the SWX Group. According to STOXX, its goal is “to provide a blue-chip representation of Supersector leaders in the Eurozone.” The index composition is adjusted on a monthly basis to provide a liquid base for derivative products.
The Euro Stoxx 50 index states its goal is to present 80% of each industry group in each market, and consequently 80% of the investment securities of each market. The EuroStoxx 50 indexes are comprised of the same components as the respective broad indexes. The Institute for Advanced Studies in Vienna indicates that the weight of any stock in the EuroStoxx 50 index is limited to 10% of the index. Therefore, the weights of shares can differ from index to index.
EuroStoxx 50 Index Trading Software
Ask any EuroStoxx 50 Index trader or general investor what trading tools or types of financial analysis he is using and you’re probably going to hear a list of different technologies and methods. However, having the right tool for the job is critical. Trading software can be used to augment an existing approach by supplying an inter-market perspective. The key to a EuroStoxx trading system is its ability to forecast moving averages. One of the better Eurostoxx 50 trading software products is VantagePoint trading software that will help “see” what is likely to happen in the index market before other traders (using only single-market analysis) catch wind of it.
Trading EuroStoxx 50 Index with VantagePoint Software
Since 1991 VantagePoint Software has been applying Artificial Intelligence to forecast market trends with up to 87.4% accuracy. With more than 25,000 customers in 114 different countries, VantagePoint is the leading AI trading software for Futures.