GlossaryMarkets & assets

Derived index

A broker-provided simulated market whose movement is generated by a defined model rather than a live exchange-traded instrument.

Do not confuse

Common comparison error

Derivative value linked to Derived index is not direct delivery of the reference asset or Market reference symbol.

Practical use

How to verify Derived index

Read Derived index together with Synthetic index, Market-reference symbol, OTC instrument. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

Derived index references gold but uses a broker symbol and weekend schedule. Benchmark, quote currency, contract unit, ownership, and Synthetic index are documented. What makes this an example of Derived index is that a documented broker model generates movement independently of a live exchange-traded market.

Evidence path

Where to verify Derived index

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Symbol information and market scheduleMatch the symbol to its underlying market, price source, trading hours, weekend treatment, and settlement availability.

Broker platform recordCompare the platform symbol and timestamp with the named market or provider instead of relying on the asset label alone.