SIX Licenses SMI® to the Derivative Exchange EUREX as an Underlying For New Micro Futures Contracts

SIX, the leading index provider for the Swiss market, has licensed the SMI® to the derivative exchange EUREX as an underlying for new Micro Futures contracts as of April 19, 2021. The SMI covers around 80% of the Swiss equity market and is a strong indicator of Swiss economic success.

SIX Licenses SMI® to the Derivative Exchange EUREX as an Underlying For New Micro Futures Contracts
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EUREX has introduced Micro Futures on the SMI®. The new Micro Futures contracts started trading on April 19, 2021 on EUREX. The SMI represents the 20 largest and most liquid companies of the Swiss equity market and was launched on June 30, 1988.

“SIX welcomes the launch of the new Micro Futures on the SMI”, says Christian Bahr, Head Index Serviced at SIX, “It complements the list of our Swiss blue-chip, mid-cap equity and dividend point indices as well as SARON that are all investable using index futures and options respectively.”

Blue-chip

  • SMI – Micro Futures (new)
  • SMI – Futures and Options
  • SLI – Futures and Options
  • SMI Dividend Points – Futures

Mid-cap

  • SMIM – Futures and Options

Swiss Reference Rates

  • SARON – Futures

SIX as the benchmark administrator for these indices is responsible for the overall provision of the benchmarks and its methodology and the indices are endorsed under EU Benchmark Regulation and listed in the ESMA register.

Please find the index methodology of the SMI here and the respective data and a list of financial products linked to all SIX indices here.