The International Securities Exchange announced Thursday that it had launched new index options on FTSE 250 by way of a “Mini” contract structure.
The Mini FTSE 250 represents a tenth of the full value of the full-size FTSE 250 and.
This listing – the first time FTSE options have been traded electronically – is designed to simplify trading.
These will be cash settlement index options.
“ISE is delighted to introduce the new electronically traded ‘Mini’ index options on the FTSE 250,” said Bruce D. Goldberg, ISE’s Chief Marketing Officer. “With the increased demand for global diversification and risk management trading strategies by both retail and institutional investors alike, we believe this product provides an innovative investment and trading strategy that is both affordable and easy to use.”