Eurex to introduce derivatives on SRI indices
18 January 2024 Germany
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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 鈥� strategic partners in Eurex鈥檚 derivatives offering on ESG indices.
The new derivatives contracts will use the STOXX Europe 600 SRI Index, as well as MSCI鈥檚 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鈥檚 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: 鈥淲e are pleased to further strengthen our leading role in the ESG segment with two strategically strong index providers.
鈥淥ur 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.鈥�
From 22 January, the European derivatives exchange will begin trading futures on SRI indices calculated by STOXX and MSCI 鈥� strategic partners in Eurex鈥檚 derivatives offering on ESG indices.
The new derivatives contracts will use the STOXX Europe 600 SRI Index, as well as MSCI鈥檚 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鈥檚 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: 鈥淲e are pleased to further strengthen our leading role in the ESG segment with two strategically strong index providers.
鈥淥ur 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.鈥�
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