The new SSF contracts will be based on 19 shares of the Polish blue chip index WIG 20 (except CEZ) and denominated in euro.
According to Eurex, the specifications of the new contracts are comparable to the other European listings. Each contract represents 100 shares and is cash settled.
They will have expiry dates up to three years for the next 13 calendar months, plus the two following annual contract months out of the December cycle. The new Polish single stock futures also are eligible for Eurex’s Block Trade Facility.
Eurex Executive Board member Peter Reitz said as Eastern European countries become more and more important for their customers and investors, demand for products based on companies listed in these markets also increases. Therefore, they have extended their offering and launched contracts covering companies from one of the biggest Eastern European markets.
"Our current SSF suite gives customers greater flexibility in executing trading strategies in more than 850 names in Europe and internationally," Reitz said.
The launch extends Eurex’s SSF offering with a new country, bringing the total number of covered countries to 21.
The new Polish SSFs will extend the number of covered Eastern European and emerging markets to four.
