“Recent global uncertainties have prompted nations to prioritize the secure production and distribution of semiconductors. Consequently, our STOXX Semiconductor 30 Index Futures are reflecting the growing appetite for semiconductors as a new investment theme. We are seeing a noticeable demand from Asia in particular, as Taiwanese companies are well represented in the index.”
Eurex, Deutsche Boerse’s derivatives arm, has introduced a new addition to its sector index futures with the launch of the STOXX Semiconductor 30 Index Futures contract.
The introduction of this futures contract, the first by Eurex on the semiconductor sector, comes in response to the sector’s growing influence in areas such as communication, technology, and defense, spurred by advancements in artificial intelligence and autonomous driving.
30 largest global semiconductor listed in the US, including Nvidia
Developed in collaboration with Deutsche Boerse’s index provider ISS STOXX, the new index captures the performance of the 30 largest global semiconductor companies listed on U.S. exchanges, including prominent names like Nvidia.
The index is denominated in USD and operates as a price return index. With its recent launch, the STOXX Semiconductor 30 Index Futures will be available for trading continuously from 1:00 CET to 22:15 CET, aligning with trading hours in the U.S. and Asia.
This initiative is supported by a liquidity provider scheme from its inception, featuring incentives such as rebates and revenue sharing. The launch has garnered significant interest, particularly from Asian investors, due to the presence of Taiwanese companies in the index and recent global challenges emphasizing the need for secure semiconductor production and distribution.
Strong investor demand from Asia
Randolf Roth, Member of the Eurex Executive Board: “Recent global uncertainties have prompted nations to prioritize the secure production and distribution of semiconductors. Consequently, our STOXX Semiconductor 30 Index Futures are reflecting the growing appetite for semiconductors as a new investment theme. We are seeing a noticeable demand from Asia in particular, as Taiwanese companies are well represented in the index.”
Axel Lomholt, General Manager at STOXX: “The STOXX Semiconductor 30 Index represents the leading companies within a rapidly flourishing industry, all meticulously selected through a rules-based and transparent methodology. Our great collaboration with Eurex reflects a terrific opportunity to further enrich the derivatives market, particularly in combination with themes and sectors, leveraging our innovative index-based solutions.“
