In partnership with JPMorgan, Liffe is introducing, for the first time, a bespoke product on Bclear.
On 10 September the Exchange launches the JPMorgan IPOX Europe 50 Index Futures contract.
The JPMorgan IPOX Europe 50 Index measures the share price performance of the top 50 European companies ranked quarterly by market capitalisation and selected from the underlying IPOX Composite Europe Index, a leading benchmark for the performance of European IPOs and spin-offs.
“We are pleased to team up with JPMorgan and Liffe to make the index available as a derivatives contract,” says Dr. Josef Schuster, CEO of IPOX Schuster. “This is the first product of its kind in Europe, offering a scaleable opportunity to participate in the performance of the highly dynamic European IPO and spin-off sector.”