Amsterdam, Brussels, Lisbon, London and Paris – 27 July 2017 – Euronext today announced the launch of the Morningstar® Eurozone 50 IndexSM and Morningstar® Developed Markets Europe 100 IndexSM on Euronext. The launch of the new European indices for blue chips follows the signing of a strategic agreement with Morningstar announced in March 2017 to develop a series of derivative products based on Morningstar indices.
The indices developed by Euronext and Morningstar aim to provide different investor profiles (asset managers, brokers, ETF issuers, banks and trading desks) with equity beta indices that can be used as benchmarks and for investable product creation. The new indices are positioned as a competitive alternative to Europe’s existing offerings and are part of Morningstar’s Open Indexes Project, which delivers a portion of Morningstar’s global equity indices for no cost to the investment community for benchmarking purposes. The indices come with an innovative business model offering:
- Free daily index performance data and constituent holdings on a monthly basis
- A competitive licensing fee for investment product creation
- Limited fixed fee levels to license the indices for bank structured product creation
The agreement with Morningstar to deliver new European indices is part of Euronext’s “Agility for Growth” strategy aimed at diversifying and strengthening its index offering in Europe.
The indices launch will be followed by Euronext’s launch of Futures contracts on the two new European indices in Q4 2017.
Appendix –
The indices components can be found online at https://corporate1.morningstar.com/Morningstar-Global-Indexes/#
For more information, visit Euronext’s website: https://www.euronext.com/en/list-products/euronext-indices-for-product-creation
Unique identifiers
Name |
Currency |
Publication |
RIC code |
Ticker code |
Morningstar Eurozone 50 Index Price |
EUR |
Real time |
.MSE50P |
MSE50P |
Morningstar Eurozone 50 Index NR |
EUR |
Real time |
.MSE50N |
MSE50N |
Morningstar Eurozone 50 Index GR |
EUR |
Real time |
.MSE50G |
MSE50G |
Morningstar Developed Markets |
EUR |
Real time |
.MSE100P |
MSE100P |
Morningstar Developed Markets |
EUR |
Real time |
.MSE100N |
MSE100N |
Morningstar Developed Markets |
EUR |
Real time |
.MSE100G |
MSE100G |