Eurex lists futures on thematic indices
Derivatives exchange Eurex 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.
Eurex is thus responding to the growing demand from many asset managers to align their investments with projected long-term structural trends that are transforming modern economies and societies.
The three contracts 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.
Randolph Roth, Member of the Eurex Executive Board, commented:
“Against the backdrop of disruptive trends transforming our societies and consequently changing investment behavior, our new Eurex thematic index futures offer additional tools to manage and hedge portfolio risk with the benefits of a liquid and centrally cleared market.”
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.