Press Release

BME expands its IBEX 35® index family

19 February, 2015

 

The new indices will be calculated and disseminated in real time as of 10th March 

Bolsas y Mercados Españoles (BME) expands its IBEX 35® index family with two new tradable indices, which are based on the IBEX 35®. The new indices, called IBEX 35® LEVERAGE NET X10 and IBEX 35® SHORT X10 will start to be calculated and disseminated in real time from March 10th.

 

  • The IBEX 35® LEVERAGE NET X10, which offers ten times exposure to the daily return on the IBEX 35® NET RETURN, through the investment of an initial capital plus an equivalent loaned capital. A positive daily return on the IBEX35® NET RETURN yields an also positive return, but ten times that amount for the IBEX 35® LEVERAGE NET X10  and vice versa, if we refer to a daily calculation basis.

 

  • The IBEX 35® SHORT X10  would be linked to a multiplied by ten performance of the IBEX 35® TOTAL RETURN in the opposite direction,that is, a negative yield of the IBEX 35® TOTAL RETURN returns a ten times positive yield for the IBEX 35® SHORT X10 and vice versa, if we      refer to a daily calculation basis.

 

These new indices are intended to serve as underlying assets for financial products, such as warrants, certificates and Exchange-Traded Funds (ETFs). These new indices provide investors with a broad range of investment strategies.

 

 

 

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