(Finance) – Eurexthe leading derivatives exchange in Europe, will expand its range of stock index products with socially responsible investment (SRI) index futures. Starting January 22, Eurex will begin trading futures on SRI indices calculated by STOXX and MSCI, both strategic partners in Eurex’s offering of ESG index derivatives.
New derivative contracts will use the index STOXX Europe 600 SRI and the MSCI’s SRI index suitecovering Europe, US, World and emerging markets.
“We are very pleased to further strengthen our leading role in the ESG segment with two strategically strong index providers,” commented Randolf Roth, member of the Eurex Executive Board. “Our offering will certainly appeal to new user groups that have stricter ESG mandates and they must invest responsibly, such as asset managers who invest on behalf of endowments or foundations.”
Since the launch of his first derivatives on ESG indices in February 2019total volume reached nearly 11 million contracts at the end of 2023. The average daily trading volume in 2023 was over 12,000 contracts, with annual trading volume approximately 5% higher than in 2022. To date, 110 Eurex members are active in Eurex derivatives on ESG indices.