Deutsche Boerse’s derivatives arm Eurex is expanding its suite of sector index futures. As of today, Eurex launched its first futures contract based on a semiconductor index.
Eurex is thus responding to the growing relevance of the semiconductor industry during recent years.
In collaboration with Deutsche Boerse’s index provider ISS STOXX, Eurex has developed an index that covers the 30 largest global semiconductor companies, listed on U.S. exchanges. This includes Nvidia, one of the most popular stocks in that industry recently.
The index is a USD based price return index and was recently launched. STOXX Semiconductor 30 Index Futures will be trading around the clock from 1:00 CET (8a.m. Hong Kong / Singapore) to 22:15 CET, also covering the full trading day in the U.S. and Asia. The product launch will be supported by a liquidity…
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