Tuesday October 18 2022

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General

Country: US

Link: https://bit.ly/3gb6Mnn




On 16th October 2022, the Chicago Mercantile Exchange (CME) Group announced that it will expand its Tokyo Stock Price Index (TOPIX) futures offerings with the launch of U.S. dollar-denominated TOPIX futures on November 21st, 2022, pending regulatory review. 

This new contract will be cash-settled, designed to complement the existing Yen-denominated TOPIX futures contract launched in February 2018. 

The addition of U.S. dollar-denominated TOPIX futures represents a natural extension of our Japanese index offerings aim to become the primary international venue for trading Japanese equity benchmark products. 

This new product is just the latest example of how TOPIX is the benchmark for investing in Japanese stocks. 

Click on the above link for further information