NYSE Euronext (NYX) today announced the expansion of its range of strategy indices with the launch of twelve new products based on its national indices: AEX®, BEL 20®, CAC 40® and PSI 20®. For each of these national indices, three new strategies: X3 Leverage, Double Short and Triple Short, will be now available.
These new indices are designed to be underlyings for Exchange Traded Funds (ETFs) and will provide investors with more trading choices.
“The launch of these indices extends our family of strategy indices which reflects our commitment to providing investors with additional opportunities to apply strategies using our blue-chip indices as a basis, and issuers of structured products with effective tools to meet their needs and keep pace with market developments” says George Patterson, Head of Global Index design, Global Index Group, NYSE Euronext.
The new indices are calculated and disseminated as from today, 4 February 2009. The calculation will be made continuously, every 15 seconds, throughout the trading day. The base value of the Double Short indices is set at 1,000 on 31 December 2002, while the Triple Leverage and the Triple Short have a base value equals to 10,000 at the same date.
Additional information
Since its launch in December 2007, the Strategy indices family, including twenty-four indices and six strategies, has been used as underlyings for five ETFs.
The new NYSE Euronext indices are listed below.
ISIN |
Mnemonic |
Name |
||
|
|
CAC
40®
X3 Leverage |
||
QS0011146865 |
CAC2S |
CAC
40® Double Short |
||
QS0011146873 |
CAC3S |
CAC
40®
Triple Short |
||
|
AEX3L |
|
||
QS0011146899 |
AEX2S |
AEX®
Double Short |
||
QS0011146907 |
AEX3S |
AEX®
Triple Short |
||
QS0011146915 |
BEL3L |
BEL
20®
X3 Leverage |
||
QS0011146923 |
BEL2S |
BEL
20®
Double Short |
||
QS0011146931 |
BEL3S |
BEL
20®
Triple Short |
||
QS0011146949 |
PSI3L |
PSI
20®
X3 Leverage |
||
QS0011146956 |
PSI2S |
PSI
20®
Double Short |
||
QS0011146964 |
PSI3S |
PSI
20®
Triple Short |
For more information (historical index data, methodology, FAQ), visit: http://newindices.euronext.com