GlossaryMarkets & assets

Synthetic index

A simulated instrument generated by a broker-defined model and traded independently of normal exchange sessions.

Do not confuse

Common comparison error

Synthetic index naming an asset does not mean ownership, dividends, delivery, voting rights, or OTC instrument.

Practical use

How to verify Synthetic index

Read Synthetic index together with Derived index, OTC instrument, Underlying asset. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

A synthetic index trades through an exchange holiday. Model governance and broker schedule replace assumptions based on Derived index. Synthetic index is distinguished here by one decisive fact: a broker model generates a series independent of normal exchange sessions and underlying ownership.

Evidence path

Where to verify Synthetic 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.