Which futures are the FTSE 350 Sector markets based on?

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IG offer a bunch of FTSE 350 sector spread bets under "Indices", eg

• FTSE350 Chemicals
• FTSE350 Banks
• FTSE350 Beverages
• etc

They all offer Cash and Futures markets. Which futures are they based on? Which exchange?

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Anyone...? Anyone.....? Bueller?

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Coud someone from IG ask the traders please?

[OfentseIG]

On 18/01/2023 at 11:11, andygeach said:

IG offer a bunch of FTSE 350 sector spread bets under "Indices", eg

• FTSE350 Chemicals
• FTSE350 Banks
• FTSE350 Beverages
• etc

They all offer Cash and Futures markets. Which futures are they based on? Which exchange?

Hi @andygeach

Thanks for reaching out and we apologize for the delay in responding to you. FTSE 350 markets are based on FTSE100 and FTSE 250 indices. They take the market cap of each component and derive an index for each industry. 

All the best, OfentseIG

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19 hours ago, OfentseIG said:

Hi @andygeach

Thanks for reaching out and we apologize for the delay in responding to you. FTSE 350 markets are based on FTSE100 and FTSE 250 indices. They take the market cap of each component and derive an index for each industry. 

All the best, OfentseIG

Right, so they are not based on futures at all. Thanks