Record open interest in Eurex dividend contracts
Open interest in Eurex’s dividend futures and options has topped 1m contracts for the first time. On July 19 open interest was 1,010,417, representing more than €6.2bn in nominal value of dividend payments by European blue chip companies.
Eurex was the first exchange in the world to launch equity index dividends in summer 2008. Open interest in these products, mainly the Euro Stoxx 50 Index Dividend Futures, stands above 636,000 contracts. However, dividend futures on the individual stocks in the Euro Stoxx 50, introduced in January 2010, have grown rapidly. They have already amassed 374,000 contracts of open interest.
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