CBOE to Launch Options On FTSE Emerging Index 

Chicago Board Options Exchange® (CBOE®) today announced that it plans to launch options on the FTSE Emerging Index on September 26, 2016. The FTSE Emerging Index is a market-capitalization weighted index representing the performance of large and mid-cap companies from advanced and secondary emerging markets.

The FTSE Emerging Index (Ticker: FTEM) includes approximately 972 securities from 22 countries, as of August 31, 2016, and covers a range of industries, from commodities to banking to technology. The index is derived from markets within the FTSE Global Equity Index Series (GEIS), which gives investors a comprehensive way to measure the performance of the most liquid companies in the global emerging markets.

“We are pleased to expand our FTSE global offerings with the launch of these new options on the FTSE Emerging Index, which give both our domestic and international customers the ability to trade and hedge exposures to an interesting and often volatile segment of the global equity marketplace,” said CBOE Holdings CEO Edward T. Tilly.

CBOE’s listing of options on the FTSE Emerging Index is part of a licensing agreement between CBOE and London Stock Exchange Group (LSEG), signed in February 2015 (see press release). The deal made CBOE the exclusive U.S. provider of cash-settled index options on more than two dozen LSEG-owned FTSE Russell indexes, and also provided for the two companies to collaborate on the development of additional index options products and investor education globally.

CBOE listed options on the FTSE 100 and the FTSE China 50 indexes in March 2016.

FTSE Russell indexes represent a diverse group of domestic and global equities that are among the largest and most widely used by U.S. investors.  In addition, U.S. exchange traded funds (ETFs) tracking FTSE Russell indexes comprise some of the most actively traded ETFs globally.

Source: CBOE

---