Eurex Expands European Index Derivatives Segment

04/07/2012

The international derivatives market Eurex Exchange is expanding its offering to include futures and options on the EURO STOXX® 50 ex Financials Index. This index has been calculated since October 2011 by the global index provider STOXX Ltd. The new contracts will be tradable as of next Monday, 9 July 2012.

“Our new index derivatives give market participants additional investment and hedging opportunities for their investment strategies. At the same time the new index products complement our highly liquid future in the European blue chip index EURO STOXX 50,” said Mehtap Dinc, Head of Product Development at Eurex.

In line with existing Eurex index products, the newly launched contracts will be settled in cash. The contract value is €10 per index point. The future will be tradable between 8 a.m. and 10 p.m., and the options between 9 a.m. and 5.30 p.m. An incentive scheme for market makers is in place to support the establishment of sufficient liquidity from the outset.