May 04, 2016
Eurex
Strong demand in our STOXX® Select Dividend Index contracts
Open interest stood at 20,000 contracts at the beginning of 2015 and more than doubled to currently 42,000 contracts. The rise is mainly a result of the increasing demand in the Eurozone based EURO STOXX® Select Dividend 30 Index Futures but also in the STOXX® Global Select Dividend 100 Options.
Our STOXX® Select Dividend Index contracts are designed to measure the performance of the highest dividend-paying stocks relative to their home markets. They offer market participants an investment and hedging tool for a high dividend yield strategy. Stocks are screened for consistent, above average dividend yields, taking into account liquidity and cap factors, resulting in diversified, transparent and investable dividend weighted benchmarks.
In July 2015, we extended the Select Dividend offering by launching futures and options on the STOXX® Global Select Dividend 100 Index. At the same time we extended the options’ maturities for the Eurozone version to five years.
