Sign up for free newsletter

 

Canada flag

Montréal Exchange to introduce futures contracts on the FTSE Emerging Markets Index

Montréal Exchange (MX), Canada’s derivatives exchange, is to introduce a new futures product based on the performance of the FTSE Emerging Markets Index.

Scheduled to begin trading on 13 June 2014, the FTSE Emerging Markets Index Futures (MX-EMF) are targeted at a wide range of market participants seeking exposure to emerging markets for hedging, asset allocation, speculative and arbitrage purposes.
 
“Global investor interest in emerging market equities is again on the rise and with this increased participation comes the need for effective risk management and hedging tools,” says Alain Miquelon, president and CEO, Montréal Exchange and group head of derivatives markets, TMX Group. “We are proud to add FTSE Emerging Markets Index Futures (MX-EMF) to our spectrum of index derivatives products and bring new investing opportunities in this space to our core Canadian clients as well as our growing international customer base.”
 
The constituents of the FTSE Emerging Markets Index include large and mid-cap securities from advanced and secondary emerging markets, classified in accordance with FTSE's Country Classification Review Process.
 
Mark Makepeace, CEO of FTSE Group, says: “The FTSE Emerging Markets Index covers a broad geographic spectrum across industry sectors, meeting the growing demand from investors looking to access these growth markets. We are delighted that Montreal Exchange has chosen to licence the FTSE benchmark for its new derivatives contract, which is compiled in line with our transparent methodology and independent governance structure.”


Subscribe to free daily newsletter
latestjobs
Seattle ; Local UHNW Client Market ; Relationship Manager / Wealth Manager

Tue, 30 Jun 2015 00:00:00 GMT

Instutional Equity Sales

Tue, 30 Jun 2015 00:00:00 GMT

Trade Finance Officer - London

Tue, 30 Jun 2015 00:00:00 GMT

events
12 hours 4 min from now - Milan
6 days 12 hours from now - Hong Kong
specialreports