New tradable indices go live at Euronext

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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
Europe 100 Index Price

EUR

Real time

.MSE100P

MSE100P

Morningstar Developed Markets
Europe 100 Index NR

EUR

Real time

.MSE100N

MSE100N

Morningstar Developed Markets
Europe 100 Index GR

EUR

Real time

.MSE100G

MSE100G

 

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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