US/GERMANY – Eurex, the international derivatives exchange is to become the world’s first exchange to list derivatives on a global blue chip index, by introducing futures and options based on the Dow Jones Global Titans 50 index.
The introduction of the new blue chip derivatives will begin on April 23 and the two groups say the move comes in direct response to investor demand for global products.
Rudolf Ferscha, Eurex CEO, comments: “ Global investing is becoming an important an clear trend as the number of global funds tripled over the last five years.
“ The number of financial institutions introducing products on the Dow Jones Global Titans 50 index is steadily increasing, causing market participants to seek additional trading and hedging instruments. Eurex is extremely successful with derivatives based on indexes.”