XYZ100 is an instrument that tracks an index of the 100 largest non-financial companies listed on a major US exchange. Trading XYZ100 gives you price exposure to the movement of that index; it does not represent ownership of any underlying shares. Holding an XYZ100 position confers no dividends, no shareholder rights, and no entitlement to physical delivery of any asset.
XYZ100 trades on the Breakout Terminal using the same order book, matching engine, and account rules as the digital asset instruments already available. Note that we use an external market (Hyperliquid) for XYZ100 price data, so its price may differ from the value of the underlying index shown on third-party platforms.