I am a bit confused about STX40 and Topi/TOP. Are they one and the same thing? When doing technical analysis for the top40 index (eg for Simons' Lazy trade system), what is the share code that I can use. Genuinely baffled - HELP!
If you want to invest, use STX40 - it is a great instrument for passive investing. If you want to trade, stay well away from STX40 and any derivatives thereof. Its spread is large (up to 200 pts on th TOPI) which makes it almost impossible for reliable short term trading. Rather use TOPI warrants, or futures