The new option will complement the future on the Dow Jones UBS Composite Index already listed as well as the nine other futures on the entire range of the Dow Jones UBS family subindices.
Eurex Executive Board member Peter Reitz said in launching the option, they are taking the next logical step and reacting to the increased interest of their clients in exchange-traded index products in this asset class. Trading in the index future should benefit considerably from the availability of an option.
"Commodities have established themselves as an investment vehicle among institutional investors, thus enabling better portfolio diversification," Reitz said.
The new option based on the excess return version of the index is denominated in US dollars.
