Monday February 10 2020

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Germany


On 10th February 2020, Eurex Exchange announced the launch of the new STOXX USA 500 ESG-X Index Futures as the next step to support market participants in their sustainable investment strategies beyond Europe.

The Eurex STOXX USA 500 ESG-X Futures contract is the first exchange-listed derivative that covers the U.S. market while excluding thermal coal extraction and coal-fired power plants.

Eurex provides the broadest offering in listed ESG derivatives. With the STOXX Europe 600 ESG-X Index Futures (FSEG), launched on 18 February 2019 and based on STOXX’s exclusion methodology, more than 700,000 contracts with a notional value of over EUR 10 billion have been traded.

STOXX’s method of filtering out undesirable negative components from a known benchmark offers a transparent and comprehensible approach, with a low tracking error to the respective parent index. Resulting ESG indexes are easy to implement as benchmarks for asset holders and are well suited as underlying for ETFs, derivatives or structured products.

The Metzler Wertsicherungsfonds 90 ESG (ISIN: DE000A2PPJG8), which was recently approved for distribution in Germany and Austria, demonstrates that investment companies are increasingly using Eurex ESG derivatives to implement sustainable investment strategies without negative effects on returns. It is the first mutual fund in Germany to combine value protection and ESG integration using futures on the STOXX Europe 600 ESG-X.

Click on the above link for further information.