Future Index

The basic definition of stock index is a statistical measure of the changes in a portfolio of stocks representative the overall market.

Future Index

There is an alternative investment in trading stock that could minimize the risks and would protect from the adverse of price fluctuating, this kind of investment is called KONTRAK BERJANGKA OR INDEX FUTURES. A futures contract is an obligation to receive or to deliver a financial instrument or contract in the future but with the price that is agreed upon today. In index futures, investor is able to take a short position first or sell the contract on hope that the price will go down. Or the investor may take long position or buy the contracts on hope that the price will go up. Topgrowth Futures is offering an investment on futures index to seek profit from the fluctuation of the index price. The Futures Indexes are NIKKEI 225, HANG SENG and KOSPI 200.

THE VARIETIES OF FUTURES INDEX

NIKKEI 225 The Nikkei 225 more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average, is a stock market index for the Tokyo Stock Exchange (TSE). Has been calculated daily by the Nihon Keizai Shimbun (Nikkei) newspaper since 1950, it is a price-weighted average (the unit is yen), and the components are reviewed once a year. Currently, the Nikkei is the most widely quoted average of Japanese equities, similar to the Dow Jones Industrial Average. In fact, it was known as the Nikkei Dow Jones Stock Average from 1975 to 1985. The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, at the Osaka Securities Exchange (OSE) in 1988, and at Chicago Mercantile Exchange (CME) in 1990, is now an internationally recognized futures index. Since January 2010 the index is updated every 15 seconds during trading sessions.. HANG SENG The Hang Seng Index (HSI) is a free float-adjusted market capitalization-weighted stock market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. The constituent companies (currently consisting of 45 companies) represent about 60% of capitalization of the Hong Kong Stock Exchange. Since 7th March, 2011, the HKEX extended their trading hours. In the first stage, (opening value will be at 09:20) 09.30-12.00 and 13.30-16.00. In the second stage, from 5th March 2012, the trading hours is changed to 09.15-12.00 and 13.00-16.15, thats mark with the mainland trading hours. HSI was started on November 24, 1969, and is currently compiled and maintained by Hang Seng Indexes Company Limited, which is a wholly owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong in terms of market capitalization. It is responsible for compiling, publishing and managing the Hang Seng Index. KOSPI 200 The Korea Composite Stock Price Index or KOSPI is the index of all common stocks traded on the Stock Market Divisionpreviously, Korea Stock Exchangeof the Korea Exchange. Its the representative stock market index of South Korea, like the Dow Jones Industrial Average or S&P 500 in the U.S. KOSPI was introduced in 1983 with the base value of 100 as of January 4, 1980. Its calculated based on market capitalization. As of 2007, KOSPIs daily volume is hundreds of millions of shares or (trillions of won).

FUTURES INDEX JPJ30 NIKKEI 225 HKJ50 HANG SENG KRJ35 KOSPI 200
Contract Size 500 x Nikkei Index Futures Rate HKD 50 x HangSeng Index Futures Rate KRW 500.000 x Kospi Index Futures Rate
Fixed Exchange Rate 1 = Rp. 60,- HKD 1 = Rp. 1.000,- KRW 1 = Rp. 7,-
Value Per Pip Rp. 30.000,- Rp. 50.000,- Rp. 35.000,-
Trading Month H=March, M=June, U=September, Z=December Every month H=March, M=June, U=September, Z=December

The KOSPI 200 index consists of 200 big companies of the Stock Market Division. The base value of 100 was set on January 3, 1990. It has over 70% market value of the KOSPI, and so moves along with the KOSPI index. KOSPI 200 is important because its listed on futures and option markets and is one of the most actively traded indexes in the world.