index

Definition

A statistical indicator providing a representation of the value of the securities which constitute it. Indices often serve as barometers for a given market or industry and benchmarks against which financial or economic performance is measured.

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You should keep a good index of all of your important clients so that you can always access it quickly.

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The traders often compete to see who can beat the S&P 500 index which is a tracking metric of the largest cap companies traded in US markets.

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The S&P 500 index provides a broader representation of overall market conditions in comparison to the DJIA as it takes into account price movements of a far greater number of stocks.

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