Eurex to Launch New Derivatives Based on MSCI Indices
London December 11, 2012 MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that it has signed a license agreement with Eurex Exchange, one of the world's largest derivatives exchanges, for the creation of exchange traded derivatives on a number of indices including the MSCI World, MSCI Europe, MSCI Emerging Markets and MSCI Frontier Markets Indices. Eurex plans to launch the derivatives in 2013.
"The underlying MSCI indices are highly regarded in the financial industry, especially by buy-side institutions," said Peter Reitz, member of the Eurex Executive Board.
"We are delighted to extend our existing index licensing agreement with Eurex to include a broader set of MSCI country and regional indices that are amongst some of the most widely used indices globally by institutional investors," said Baer Pettit, Managing Director and Head of the MSCI Index Business. "With close to USD 7 trillion estimated to be benchmarked to MSCI indices globally, the availability of derivatives based on our indices will provide an important tool for investors managing their MSCI benchmarked portfolios."
Eurex currently offers futures and options based on the MSCI Russia Index and futures based on the MSCI Japan Index.
About MSCI
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools.
The company's flagship product offerings are: the MSCI indices with close to USD 7 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indices and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS governance research and outsourced proxy voting and reporting services; FEA valuation models and risk management software for the energy and commodities markets; and CFRA forensic accounting risk research, legal/regulatory risk assessment, and due]diligence. MSCI is headquartered in New York, with research and commercial offices around the world.
1 As of March 31, 2012, as published by eVestment, Lipper and Bloomberg in September, 2012.
For further information on MSCI, please visit our web site at www.msci.com
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