Eurex to launch futures on FTSE All-World Index
Eurex is expanding its suite of global index derivatives in collaboration with FTSE Russell, the global index provider. As of 3 June, Eurex will launch futures on the FTSE All-World Index.
Eurex’s index derivatives products, which covers global, national, and pan-European indices, is already the most diversified in the industry.
The FTSE All-World Futures will be the first derivatives contract listed in Europe covering stocks from the FTSE Global Equity Index Series (FTSE GEIS).
The FTSE All-World Index is a market capitalization weighted index representing the performance of around 4,000 large and mid-cap stocks from the FTSE Global Equity Index Series, with a total market capitalization of USD 73 trillion. The FTSE GEIS series, launched in September 2003, covers over 19,000 stocks in 49 countries, representing 99 percent of the world’s investable market capitalization.
The new FTSE All-World Futures will be denominated in U.S. dollar and will be tradable from 01:00 CET (8 a.m. Hong Kong / Singapore) to 22:00 CET, also covering the full trading day in the U.S. and Asia.