Eurex to introduce derivatives on SRI indices
18 January 2024 Germany
Image: Pcess609/stock.adobe.com
Eurex will expand its equity-index linked product suite with futures on socially responsible investing (SRI) indices.
From 22 January, the European derivatives exchange will begin trading futures on SRI indices calculated by STOXX and MSCI — strategic partners in Eurex’s derivatives offering on ESG indices.
The new derivatives contracts will use the STOXX Europe 600 SRI Index, as well as MSCI’s SRI index suite, covering Europe, USA, World and Emerging Markets.
Contracts based on SRI indices will serve the growing demand for an advanced ESG methodology. SRI indices underlying Eurex’s new futures provide broad exclusions combined with a selection approach, says Eurex.
The product launch will be supported by a liquidity provider scheme, offering regular rebates and revenue sharing elements.
Randolf Roth, Eurex executive board member, says: “We are pleased to further strengthen our leading role in the ESG segment with two strategically strong index providers.
“Our offering will certainly appeal to new user groups that have stricter ESG mandates and need to invest responsibly, such as asset managers who invest on behalf of endowment funds or foundations.”
From 22 January, the European derivatives exchange will begin trading futures on SRI indices calculated by STOXX and MSCI — strategic partners in Eurex’s derivatives offering on ESG indices.
The new derivatives contracts will use the STOXX Europe 600 SRI Index, as well as MSCI’s SRI index suite, covering Europe, USA, World and Emerging Markets.
Contracts based on SRI indices will serve the growing demand for an advanced ESG methodology. SRI indices underlying Eurex’s new futures provide broad exclusions combined with a selection approach, says Eurex.
The product launch will be supported by a liquidity provider scheme, offering regular rebates and revenue sharing elements.
Randolf Roth, Eurex executive board member, says: “We are pleased to further strengthen our leading role in the ESG segment with two strategically strong index providers.
“Our offering will certainly appeal to new user groups that have stricter ESG mandates and need to invest responsibly, such as asset managers who invest on behalf of endowment funds or foundations.”
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