Trading in options and futures is based on an index such as this. 20 blue-chip stocks comprise such a US stockmarket index. 17 of these blue-chip are also in the Dow Jones Industrial Average (DJIA). .
Link to This DefinitionDid you find this definition of MAJOR MARKET INDEX helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary