We have launched new synthetic trading instruments on CFDs to help you diversify and optimise your trading portfolio. Introducing DEX indices and Drift Switch indices!
DEX indices
DEX indices simulate real-world market behaviour where the asset price experiences frequent small variations and occasional large jumps or drops.
These major price jumps and drops occur, on average, every 600, 900, or 1,500 seconds, depending on the specific DEX index selected. For example, DEX 600 UP has frequent small drops and occasional major jumps, which occur every 600 seconds on average.
Below are the types of DEX indices available for you to trade on Deriv:
These indices mimic the reactions of asset prices to financial market events (think unexpected news events such as COVID-19 or Brexit) – a jump down can represent a negative event, while a jump up indicates a positive one.
Drift Switch indices
Drift Switch indices, or DSI for short, simulate real-world market trends where asset prices go through different phases or regimes.
DSI are built to mimic a classic economic cycle consisting of growth, consolidation, and recession, without considering the tail events (i.e. events with a very rare and extreme risk). On average, these indices switch between regimes every 10 to 30 minutes.
These synthetic indices alternate between 3 different types of regimes or trends, which are:
- Positive Drift Regime – This refers to a bullish trend or uptrend. This correlates to the growth phase of the economic cycle.
- Negative Drift Regime – This refers to a bearish trend or downtrend. This correlates to the recession phase of the economic cycle.
- Driftless Regime – This refers to a sideways trend. This correlates to the consolidation phase of the economic cycle.
The different types of DSI include:
The number in each of the names represents the average time, in minutes, it takes for these indices to shift between different regimes. For instance, DSI10 would typically change trends every 10 minutes on average.
You can trade CFDs on both DEX indices and DSI on Deriv MT5 and Deriv X.
These indices are synthetic products independent of financial markets and do not track any particular market event or trend.
Disclaimer:
The availability of Deriv MT5 depends on your country of residence.
Deriv X is not available to clients residing in the EU.