Deutsche Börse has further expanded its customized indices offering a World Nuclear Power Index for JPMorgan. Since Tuesday, Deutsche Börse has been calculating and disseminating the index. The index will be offered exclusively by JPMorgan as an underlying for a range of structured products. To qualify for the index international companies from the nuclear energy industry need an average daily exchange turnover of at least USD7.5 million.
'Clear rules, high-quality and liquid security prices, and an independent calculation system show the high quality of our customized indices. We have developed a tailor-made index for JPMorgan, which represents an ideal underlying for index products,' said Hartmut Graf, Head of Issuer Data & Analytics at Deutsche Börse.
Lucia Pelliccioli, Head of equity exotics & hybrids product development at JPMorgan says: "JPMorgan is pleased to be working with Deutsche Börse in bringing this index to the market. Nuclear power is currently attracting a lot of attention and this index was created in response to investors who want to play the nuclear theme globally, in times of increasing awareness of climate issues.'
Deutsche Börse Market Data & Analytics develops customized indices for providers of structured finance products, asset managers, pension funds, insurers and investment funds. Deutsche Börse contributes its extensive know-how for the index design. Index products, either as benchmark or underlying are developed according to individual demand for regions, sectors, subjects, asset classes or complete investment strategies.
The range of services for customized indices covers the entire business process, from consultancy and design to the calculation and dissemination of index data. The indices are calculated by Deutsche Börse in real time and are distributed to all major vendors.
The World Nuclear Power index is already the fourth customized index to be calculated by Deutsche Börse this year. Only in February, Deutsche Börse launched the World Luxury Goods index which tracks stocks from the luxury goods sector.
Market Data & Analytics calculates and publishes more than 2,100 indices in total. Deutsche Börse ranks among the world's major index providers. Market Data & Analytics also compiles, distributes and markets independent capital market information, such as price data, trading statistics and back office information for banks and financial institutions.