OSE announces launch date for OSE DJIA Futures

OSE announces launch date for OSE DJIA Futures

 

24/04/2012

Osaka Securities Exchange Co., Ltd. (OSE) today announced that it will launch futures contracts based on the Dow Jones Industrial AverageSM (*) (“OSE DJIA Futures”) on Monday, May 28, 2012, subject to market readiness.

The launch of the OSE DJIA Futures results from a strategic partnership with CME Group announced in July 2011. In terms of the agreement, OSE and CME Group will also cooperate on the launch of E-micro futures contracts based on the Nikkei Stock Average (“Nikkei 225”), to be listed and traded on CME. The exchanges will continue to cooperate on joint projects, marketing and promotions.

The Dow Jones Industrial Average (DJIA) is a price-weighted index, first published in 1896. It includes 30 of the most liquid, blue-chip companies based in the United States. The DJIA represents roughly 24% of the float-adjusted market capitalization of the US stock market.

 

* The “Dow Jones Industrial AverageSM” is a product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC (CME Indexes) and has been licensed for use. “Dow Jones®”, “Dow Jones Industrial AverageSM” and “Dow Jones Indexes” are service marks of Dow Jones Trademark Holdings, LLC (Dow Jones), and have been licensed to CME Indexes and sublicensed to and for use for certain purposes by the Osaka Securities Exchange Co., Ltd. (OSE). OSE Dow Jones Industrial Average (DJIA) Futures based on the Dow Jones Industrial AverageSM are not sponsored, endorsed, sold or promoted by CME Indexes, Dow Jones or their respective affiliates, and CME Indexes, Dow Jones and their respective affiliates make no representation regarding the advisability of trading in such product(s).