TradFi Stocks Index (TRADFI)
Last updated
Last updated
Overview
The TradFi Stocks Index is an index designed to provide investors with diversified exposure to hundreds of the largest publicly-traded equities in the US.
The index is priced by formulaically aggregating the nominal prices of each equity component's market cap. The mark price is provided for this .
Trading
Like all other perpetual futures contracts on Helix, the TradFi Stocks Index is a derivative product with leverage. This specific product has a maximum leverage of 25x, with an initial margin of 3.33% and maintenance margin of 2%. The pair trades 24/7/365, though the oracle only updates during typical NYSE trading hours, from 2:30pm UTC to 9pm UTC on weekdays (except NYSE trading holidays).