Articles Marketmedia

Eurex ESG Contracts Trade Above 100,000 A Day

Written by Shanny Basar | Feb 15, 2021 10:51:17 AM

Ahead of their second anniversary on 18 February, Eurex’s ESG products remain on course for success: a new daily record was set on 11 February 2021 with 104,000 contracts traded, with Options on the STOXX® Europe 600 ESG-X accounting for the majority of the contracts traded. Cumulatively, 2.1 million ESG contracts have now been traded since the launch of the first ESG derivatives in February 2019.

https://twitter.com/EurexGroup/status/1360257353455702020

Eurex has been at the forefront of launching ESG-based contracts and now offers several futures and options for investors looking to gain exposure to indexes that incorporate ESG index methodologies such as negative screening or ESG integration. In 2020 Eurex took its so far European-related ESG offering to a global level. The exchange introduced futures on the STOXX® USA 500 ESG-X Index as well as new futures on MSCI ESG Screened Indexes covering World, USA, EM, EAFE and Japan. Thus, Eurex leveraged its first-mover advantage and became the global leader in an essential new segment with the largest offering and open interest.

In November 2020, Eurex has extended its offering to futures and options on ESG versions of the DAX and EURO STOXX 50® indexes. These integrate ESG scores into the index methodology, leading to improved overall ESG profiles of Eurex’s leading blue-chip index derivatives. Integration is a more challenging methodology to pursue as there are different approaches between asset managers and ESG data providers that many of them use.