ESP35Cash (ESP35Cash)

The SPA35 Cash Index, also known as the Ibex 35 Cash Index, is a financial derivative calculated as the weighted average of the top-performing companies in the SPA35 Index, the primary benchmark for the Bolsa de Madrid, Spain’s main stock exchange.

Cash indices like the SPA35 Cash Index allow traders to invest in the current cash value of underlying indices, with tight spreads, attractive leverage, and without commission expenses. Unlike futures markets, cash indices do not have expiry dates and can be used for both short- and long-term strategies.

Trading the SPA35 Cash Index provides exposure to Spain’s leading companies and reduces the need for in-depth research on individual stocks. The index offers higher returns compared to the broader stock market and smooth price movements, making it ideal for day traders, news traders, and risk-averse long-term investors.

Investing in the SPA35 Cash Index reduces risk, as the performance of a single company does not heavily influence the entire index. Overall, it offers a balanced and efficient way to speculate on the performance of Spain’s stock market.