Eurex today listed futures on the STOXX® USA Titans 30, STOXX® US Nexus 100 and STOXX® US 2000, three US benchmarks launched in July, as well as on the STOXX® USA 500, an index introduced in 2017.
The new products offer investors solutions to trade baskets of US stocks and manage related portfolios during European and US exchange times.
The indices
The STOXX USA Titans 30 is a price-weighted index that measures the performance of some of the largest and most important U.S. companies. The index focuses on well-established companies that have proven over time their significance for the US economy. The index has 30 components and excludes the ICB Utilities Industry.
The STOXX US Nexus 100 is designed to represent the largest and most liquid non-financial companies listed on the NASDAQ Stock Exchange. The companies are screened for liquidity, and come from a variety of sectors, with a strong emphasis on technology, telecommunications and consumer services. The index has 100 components.
The STOXX US 2000 represents the performance of the smallest 2000 securities that belong to the STOXX® US All Cap index.
Finally, the STOXX USA 500 covers the largest 500 companies in the US. A version of the index that removes constituents based on negative exclusions, the STOXX® USA 500 ESG-X, has underlied futures on Eurex since February 2020. The contracts were the first listed derivatives covering the US market that included a screening for thermal coal mining and coal-fired power plants.
The new launches deepen the strong collaboration between STOXX and Eurex, which offer one of the world’s largest equity index coverages in the derivatives space, and expand the access to US markets for global investors.