Eurex expands MSCI derivatives offering
Eurex has once again expanded its already extensive MSCI offering. It now comprises a total of 156 futures and 26 options, making Eurex the global home of MSCI derivatives.
By listing futures on the MSCI Germany and the MSCI Israel the two largest remaining developed market countries were added. With this, the coverage of Futures on single countries from the MSCI World goes up from 97 to 99.7 percent.
Israel is the only developed market in the Middle East, according to MSCI´s classification, and as such not part of any major regional MSCI index. Therefore, MSCI is currently holding a consultation, if Israel should be included into the MSCI Europe index.
“MSCI is happy to continue to partner with Eurex on the expansion of new European, Middle Eastern and Asian Futures and Options. The continued rise in open interest of MSCI derivatives at Eurex is a clear sign of growing demand in the end user community.” – George Harrington, Managing Director & Global Head of Fixed Income and Derivatives – MSCI
Two additional ESG indices will be covered with futures: MSCI Europe ESG screened and MSCI EMU ESG screened. Those will complete the regional offering, which already includes ESG screened indices for EM, EM Asia, World, EAFE, USA and Japan and reached an open interest of about EUR 900 million.
Two new options extend the offering: MSCI China and MSCI Saudi Arabia. The MSCI China options will replace the MSCI China Free options and the launch of MSCI Saudi Arabia options makes sense as Eurex is already the leading market for Saudi Arabian index derivatives.