Pioneer in sustainable derivatives

ESG Derivatives

Manage and hedge sustainability exposure                                           

With the ever-increasing mandates and focus on building sustainable portfolios, global investors are increasingly looking for tools to help with their ESG integration. Derivatives on ESG benchmarks offer a listed solution to facilitate this integration.

Global leader in ESG Derivatives

Eurex leveraged its first-mover advantage and became the leading liquidity pool for ESG Derivatives worldwide.

Responsible Investing

With an initial focus on easy to deploy responsible index investment approaches, Eurex offers cost-efficient and liquid sustainable index derivatives with a low tracking error close to benchmark performance.

We continue to develop our offering of sustainable versions of key global, European and regional benchmarks covering a broad range of ESG methodologies. Stay tuned by subscribing to our newsletters.


All ESG Derivatives at a glance

Discover our full range of ESG Derivatives
Find out more

Key Benefits

11 reasons to trade ESG Derivatives

  • Cost efficiency – a liquid and cost-efficient alternative to incorporate ESG into investment strategies and manage undesired sustainability risks
  • ESG mandates – flexible solution for asset managers with strict mandates to align with ESG requirements
  • Capital efficiency – ESG futures and options are eligible for portfolio margin offsets against other index derivatives, including dividend and volatility derivatives
  • Simple, fast integration – standardised Eurex equity index contract specifications for straightforward integration into existing trading infrastructures
  • Proven liquidity – liquid derivatives with incentive schemes promote on screen price support.
  • Related to successful benchmarks – sustainable versions of established benchmarks such as STOXX Europe 600, MSCI World and MSCI Emerging Markets
  • Negative ESG screening or exclusions methodology, reflecting investors’ most common concerns
  • Reduced block trade size – facilitates off-book trade entry for institutional investors
  • Optimally manage risk of ESG-driven portfolios
  • Generate additional alpha – with synthetic exposure to ESG equities
  • Exclusions have been selected to span the three pillars of Environmental, Social and Governance (ESG) investing which reflect investors’ most common concerns (thermal coal, tobacco, controversial weapons, in breach of UN Global compact)


ESG derivatives now allow Swedbank to efficiently manage inflows and outflows by remaining fully invested without compromising on clients’ ESG exposure.

Magnus Linder, Head of Derivatives, Swedbank Robur


STOXX

Investing with European and US STOXX® ESG index derivatives 

The global evolution in responsible investing entered a new chapter with the launch of Eurex ESG Derivatives on STOXX indices tracking sustainable strategies in Feb 2019.

Overview & Benefits

  • Seven STOXX® ESG index futures and options covering five indices
  • First European ESG futures on highly liquid benchmark indices for Europe and the Eurozone
  • First ESG Derivative covering the U.S. market while excluding thermal coal extraction and coal-fired power plants
  • Sustainable index derivatives based on ESG-X, Low Carbon, Climate Impact and Europe ESG Leaders Select 30 Indices
  • ESG methodologies covering negative/exclusionary and norms-based screening, positive/best-in-class filtering, climate change scoring
  • ESG-X offering - screened version of the well-established pan-European benchmarks
  • Unique concept for selecting companies with strong environmental stewardship and forward-looking indicators 
  • Low tracking error - Benchmark indices with risk-return profile and reduced tracking error similar to the parent index
  • Leading third party ESG data provider (such as Sustainalytics and CDP)


Eurex STOXX ® ESG Derivatives


MSCI

Global investing with MSCI ESG index derivatives  

With more 162 listed MSCI index-based futures, 24 MSCI index-based options and an open interest of around 2.1 million contracts, Eurex is the exchange with the broadest MSCI index-linked offering tradable on one platform and the highest open interest globally. Launched in March 2020, MSCI ESG Derivatives now complement Eurex’s MSCI Derivatives flows.

Overview & Benefits

  • Five MSCI ESG Screened Futures: World, EM, EAFE, USA and Japan & Five MSCI Enhanced Focus Futures: World, EM, Europe, USA and Japan
  • Based on liquid global, regional and local MSCI ESG Screened & MSCI Enhanced Focus Indices
  • MSCI Enhanced Focus Indices are designed to maximize ESG profile while reducing carbon risk, with financial characteristics similar to Market Cap indexes


Eurex MSCI ESG Derivatives




Eurex MSCI ESG Enhanced Focus Derivatives


DAX® 50 ESG

DAX® 50 ESG Futures & Options

Eurex has been the first exchange establishing ESG versions of major European benchmarks

  • The product suite offers an hedging alternative to existing benchmarks
  • Better performance of ESG also during the COVID19 market turbulence
  • Good support by Market Makers and also off book liquidity and prices by Banks as there is an increasing interest and demand in ESG as a general investment approach
  • Incorporating ESG means lowering the risk 
  • Expanding product suite to the most liquid benchmark(s) incorporating ESG



Parent Index

DAX® 50 ESG

DAX® 50 ESG

ESTX 50® ESG  

ESTX 50® ESG     

Derivatives

FSDX

OSDX

FSSX

OSSX

BBG Product Code

XSDA<Index>

DAXESGK
Index OMON

XSSA <Index>

SX5EESG
Index OMON

Type

Futures

Options

Futures

Options

Coverage

Germany

Germany

Europe

Europe


EURO STOXX 50® ESG

EURO STOXX 50® ESG

Eurex has been the first exchange establishing ESG versions of major European benchmarks

  • The product suite offers an hedging alternative to existing benchmarks
  • Better performance of ESG also during the COVID19 market turbulence
  • Good support by Market Makers and also off book liquidity and prices by Banks as there is an increasing interest and demand in ESG as a general investment approach
  • Incorporating ESG means lowering the risk 
  • Expanding product suite to the most liquid benchmark(s) incorporating ESG



Parent Index

DAX® 50 ESG

DAX® 50 ESG

ESTX 50® ESG    

ESTX 50® ESG     

Derivatives

FSDX

OSDX

FSSX

OSSX

BBG Product Code

XSDA<Index>

DAXESGK
Index OMON

XSSA <Index>

SX5EESG
Index OMON

Type

Futures

Options

Futures

Options

Coverage

Germany

Germany

Europe

Europe


Liquidity Provider

Liquidity Provider (On Screen)

CompanyFutures/OptionsMember IDContactPhone Number

DRW Investments (UK) Ltd.

Futures

DRWAM

Ben Lindsey

+44 20 7031 1369

Flow Traders B.V

Futures

NEDAM

Alex Kieft

+31 20 799 8632

Optiver VOF

Futures & Options

OPXAM

Holger Schlünzen

+31 20 708 7621

Susquehanna

Futures & Options

SISDB

F: Ronan Henderson
O: Daniel Mannion

+353 1 802 8118

Société Générale

Futures

SOGFR

Vincent Martelet

+33 1 42 13 3750


Liquidity Provider (OFF Book / TES)

CompanyFutures/OptionsMember IDContactPhone Number

Bank of America Merill Lynch

Futures & Options

MLEPA

Joel Stainton / Paul Berner

+44 207 996 1885

BARCLAYS

Futures & Options

BBIDB

BACLO

Kim Berg
Equity Derivatives Sales

+33 1 44 58 3297

BNP Paribas

Futures & Options

BNAPA

Christian Stock

+49 69 7193 3117

Citi Bank

Futures

SAILO

Kyle Tonetti 

+44 20 3569 3517

Danske Bank Copenhagen

Futures

DDBCO

Equity Derivatives Sales

+45 45 14 72 93

Danske Bank Helsinki

Futures

DDBCO

ETD Sales

+358 10 236 4713

Danske Bank Stockholm

Futures

DDBCO

Derivative Sales

+468 5688 0531

Deutsche Bank Frankfurt

Futures

DBKFR

Tomas Laube

+49 69 910 38503

Flow Traders B.V

Futures

NEDAM

Hidde Eise Mulder

+31 20 799 8622

Goldman Sachs

Futures & Options

GSIEB

Anna Whitlow / Antony Harden

+44 207 774 9077

IMC Trading

Futures

INMAM

Institutional Trading

+31 20 798 8519

Optiver VOF

Futures & Options

OPXAM

Holger Schlünzen

+31 20 708 7621

Skandinaviska Enskilda Banken

Futures

ENSLO

Aloke Sarnobat

+46 8 5162 3145

Société Générale

Futures

SOGFR

Vincent Martelet

+33 1 42 13 3750

Susquehanna

Futures  & Options

SISDB

F: Ronan Henderson
O: Daniel Mannion

+353 1 802 8118


Contacts

Sales

Achim Karle

T +49-69-211-187 57

achim.karle@eurex.com

Equity & Index Product Design 

Christine Heyde

T +49-69-211-156 98

Marketing

Leticia Manos

T +1 312-285-3173

leticia.manos@eurex.com