Wednesday June 22 2022

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General

Country: Germany

Link: https://bit.ly/3zVAowN




On 22nd June 2022, Eurex Exchange announced that it has introduced a new segment with the launch of its first thematic index futures. The new contracts are based on three indices from the STOXX Thematic Indices family, which are calculated by sister company Qontigo.

The three contracts started trading on 20th June and are based on the following indices: STOXX Global Breakthrough Healthcare, STOXX Global Digitalisation, and STOXX Global Digital Security. All three-track global, disruptive concepts that were chosen for their long-term growth potential.

The STOXX Thematic Indices are comprised of companies from selected countries around the world exposed to a defined set of themes. Specialized data allow a detailed breakdown of the revenue sources of the eligible companies, helping the index to select companies with substantial exposure to the respective theme. The indices also incorporate ESG exclusionary screens that meet the standard sustainability criteria of investors.

The STOXX Thematic Indices family already underlies ETFs with more than US$8.8 billion in assets managed by BlackRock – proof that the methodology has been tested and embraced by the market.

Click on the above link for further information