Futures on Fixed Income ESG Indices Integrating ESG into Fixed Income Investing

Euro Corporate SRI Index Futures & Green Bond Index Futures

Listed ESG derivatives offer the market an efficient and cost-effective solution to optimally manage the risk and benchmark exposure of ESG-driven portfolios. Fixed income ESG futures on bond indices offer a standardized and reliable solution to gain exposure to fixed income ESG market segments.

Global leader in ESG Derivatives

Eurex is the first exchange globally to offer futures on Fixed Income indices that apply an ESG methodology. We aim to leverage our expertise in ESG derivatives to become the leading liquidity pool in this new asset class, for both Equity and Fixed Income.

A market in continuing expansion

Eurex will use our knowledge and competence in derivatives to offer our clients the most appropriate solutions, while addressing the needs of a market in constant evolution.

Manage and hedge sustainability exposure

Utilizing these products, asset managers can best adapt their strategies to comply with ESG mandates while generating additional alpha thanks to the synthetic exposure to ESG fixed income securities.

Key Benefits

  • Bloomberg MSCI ESG index futures covering the most standardizable methodologies in the Fixed Income ESG space: green bonds and exclusions
  • First Fixed Income ESG index futures globally
  • Well established benchmark indices covering the Euro investment grade segments
  • Minimal tracking error with conventional non-ESG corporate bond indices


Contract Specifications

Click on the product codes below to view the respective contract specifications.

Bloomberg MSCI EURO Corporate SRI

Eurex product code

FECX

Contract value

EUR 1,000 per index point

Minimum block trade size

30

Price quotation: tick size / tick value

In points with two decimal places / 0.01 Points = EUR 10

Trading hours

8:00 a.m. to 7:00 p.m. CET

Contract months

The three nearest quarterly months of the March, June, September, and December cycle.

Last trading day/ Final settlement day

Third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day; close of trading in the maturing futures on the last trading day is 19:00 CET. Final settlement day is the exchange day immediately following the last trading day.

Final settlement Price

The final settlement price is established by Eurex on the final settlement day of the contract and is based on the closing price of the index (Total Return, EUR) on the last trading day.

Daily settlement price

Determined from the volume weighted average of all transactions during the minute before 05:15 pm CET (reference point), provided that more than 5 trades transacted within this period.

Settlement

Cash settlement, payable on the first exchange day following the expiration day.

Minimum block trade threshold

30 contracts

Bloomberg code

LXYA Index

Reuters / Refinitiv code

0#FECX:


Bloomberg MSCI Global Green Bond

Eurex Product code

FGGI

Contract Value

EUR 1,000 per index point

Minimum Block Trade size

40

Price quotation: tick size / tick value

In points with two decimal places / 0.01 Points = EUR 10

Trading hours

8:00 a.m. to 7:00 p.m. CET

Contract months

The three nearest quarterly months of the March, June, September, and December cycle.

Last trading day/ Final settlement day

Third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day; close of trading in the maturing futures on the last trading day is 19:00 CET. Final settlement day is the exchange day immediately following the last trading day.

Final settlement Price

The final settlement price is established by Eurex on the final settlement day of the contract and is based on the closing price of the index (Total Return, EUR) on the last trading day.

Daily settlement price

Determined from the volume weighted average of all transactions during the minute before 05:15 pm CET (reference point), provided that more than 5 trades transacted within this period.

Settlement

Cash settlement, payable on the first exchange day following the expiration day.

Minimum block trade threshold

40 contracts

Bloomberg code

LXAA Index

Reuters / Refinitiv code

0#FGGI:


Prices/Quotes

Product Diff. to prev. day last Last price Contracts Time
FECX +0.74% 169.45 0 19:10:27
FGGI +1.84% 138.46 25 19:10:39
Dec 03, 2021 19:10:39 PM

15 min. delayed -

Liquidity Providers

Liqudity Providers On-screen

Company

Member ID

Contact

Phone Number

FlowTraders

NEDAM

Jasper Jansen
Roel van der Weijst
Quirien Raat

nlbon@nl.flowtraders.com

+3120 7998621
+3120 7998741
+3120 7998741

Société Générale

SOGFR

Aziz Tikouirt
Arnaud Muller
Remy Benchetrit
Nicolas Lesceu

PAR-Mark-Fic-Trd-Rat-ETF
list.par-mark-fic-trd-rat-etf@socgen.com

+33 142140365
+33 142149818

Susquehanna

SISDB

Ronan Henderson

SIS-Sales-ETF
SIS-Sales-ETF@sig.com

+353 1 802 8018


Liqudity Providers Off-Book
 

Company

Member ID

Contact

Phone Number

Bank of America Merryl LinchMLEPAJoel Stainton
Joel.Stainton@bofa.com

BofA_Futures_EMEA@bofa.com
+44 207 996 1885

FlowTraders

NEDAM

Jasper Jansen
Roel van der Weijst
Quirien Raat

nlbon@nl.flowtraders.com

+3120 7998621
+3120 7998741
+3120 7998741

Goldman SachsGSIEBDouglas Kerr
Antony Harden


gs-futures@ny.email.gs.com
+44-207 7741705
+44-207 0519848

Société Générale

SOGFR

Aziz Tikouirt
Arnaud Muller
Remy Benchetrit
Nicolas Lesceu

PAR-Mark-Fic-Trd-Rat-ETF
list.par-mark-fic-trd-rat-etf@socgen.com

+33 142140365
+33 142149818

Susquehanna

SISDB

Ronan Henderson

SIS-Sales-ETF
SIS-Sales-ETF@sig.com

+353 1 802 8018



Readiness

Futures Vendor Codes

Description

Eurex Codes

Futures ISINs

Index ISINs

Bloomberg Ticker

Reuters / Refinitiv RIC code



Futures on Bloomberg MSCI Euro Corporate SRI Index

FECX

DE000A2QQU00

GB00BKQN0914

LXYA Index

0#FECX:





Futures on Bloomberg MSCI Global Green Bond Index

FGGI

DE000A2QQU18

GB00BKQN0B36

LXAA Index

0#FGGI:






Bloomberg Indices methodology document

Index Methodology

Bloomberg Indices factsheets - overall view


Bloomberg MSCI ESG index Composition


Euro Corporate SRI index

RECMTREU <Index>

Global Green Bond index

GBGLTREU <Index>

Bloomberg MSCI ESG index Factsheet


Euro Corporate SRI index

RECMTREU <Index>

Global Green Bond index

GBGLTREU <Index>

Euro Corporate SRI Index Futures & Green Bond Index Futures -
are now certified for direct market access from the U.S. 

Contacts

Fixed Income Sales

Vassily Pascalis

T +44-20-78 62-7211

vassily.pascalis@eurex.com

Fixed Income Product Design

Davide Masi

T +44-20-78 62-72 67

davide.masi@eurex.com

Marketing

Leticia Manos

T +1 312-285-3173

leticia.manos@eurex.com