Monday October 14 2013
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Australia
Link: http://www.asxgroup.com.au/media/PDFs/Sector_Futures_-_press_release__14_Oct_13_ASX_Final.pdf
The Australian Securities Exchange (ASX) has launched futures contracts over the S&P/ASX 200 Resources Index and the S&P/ASX 200 Financials-x-A-REIT Index.
Resources and financial companies make up the two largest sectors in the Australian market and each provides their own investment opportunities. The launch of the new sector futures will enable market participants to tailor their trading, hedging and exposure to these specific segments of the Australian market.
Click on the above link for more details.