ICE: The leading venue for MSCI Index Futures
Favorable global conditions in October saw a rebound in emerging and developed market equities, with the MSCI EM and World NTR USD indices up 4.5% and 3.6% respectively.
The MSCI EM Index Futures open interest increased by 125k lots (~US$ 6.5 billion) in October alone, as institutional investors participated in the equities rally and turned to ICE's futures contracts.
- ICE’s global MSCI complex: total YTD volumes of 44 million lots up 14%, with a total OI in excess of 2 million lots (notional of US$ 121 Billion)
- MSCI Emerging Markets Index future (BBG code: MESA) YTD volumes up 19% with OI up 13.5% at 1.35 million lots (notional of US$ 70 Billion)
- MSCI EAFE Index Future (BBG code: MFSA) YTD volumes up 22% with OI up 23% at 350k lots (notional of US$ 34 Billion)
Dividend Adjusted Single Stock Futures
Dividend Adjusted Stock Futures (“DASF”) are Single Stock Futures without the dividend risk. A buyer of a DASF is solely exposed to the equity performance of the underlying stock. ICE (then Liffe) first listed DASF in 2013 and is the only exchange to offer DASF on shares from 25 countries denominated in 13 currencies acros developed and emerging markets. ICE offers DASF on over 700 underlyings.