Euronext - 2007 > Leverage
New indices
Euronext, a subsidiary of NYSE Euronext, has expanded its offering with the launch of a new serie of strategy indices to give investors more trading choices. The three new strategies, Leverage, Short and XBear are now available on the AEX, BEL 20, CAC 40 and PSI 20 from 21 December 2007.
  • Leverage indices track the performance of a strategy which doubles exposure to an underlying index with the support of short-term financing. In situations where the market is rising, they enable investors to earn a positive return, double that of the underlying index.
  • Short indices track the performance of a strategy which reverses exposure to the underlying index by combining a short position on the underlying index and exposure to a risk-free money-market instrument. When the market is falling, they offer a return that is positive and the inverse of the decline in the underlying index.
  • XBear indices track the performance of a strategy similar to that of Short indices with double inverse exposure to changes in the underlying index.
These new indices serie reflects Euronext's commitment to providing investors, fund managers and issuers of structured products effective tools to meet their needs and keep pace with market developments.

The new indices have been calculated and disseminated from 21 December 2007. The calculation initially took place once a day after the close. From 21st April, 2008 the calculation and dissemination have been made continuously throughout the trading day. From 31 December 2002 each index has a base value of 1,000, and historical data are also available from that date.

New indices
 
 New indicesCodes 
ISIN Full name Short name Mnemonic Other codes
QS0011095898 AEX Leverage AEX Leverage AEXLV Reuters(AEXLV), Bloomberg(AEXLV Index)
QS0011100854 AEX XBear AEX XBear AEXXB Reuters(AEXXB), Bloomberg(AEXXB Index)
QS0011095914 AEX Short AEX Short AEXSH Reuters(AEXSH), Bloomberg(AEXSH Index)
QS0011095864 BEL 20 Leverage BEL 20 Leverage BELLV Reuters(BELLV), Bloomberg(BELLV Index)
QS0011100847 BEL 20 XBear BEL 20 XBear BELXB Reuters(BELXB), Bloomberg(BELXB Index)
QS0011095880 BEL 20 Short BEL 20 Short BELSH Reuters(BELSH), Bloomberg(BELSH Index)
QS0011095815 CAC 40 Leverage CAC 40 Leverage CACLV Reuters(CACLV), Bloomberg(CACLV Index)
QS0011095856 CAC 40 XBear CAC 40 XBear CACXB Reuters(CACXB), Bloomberg(CACXB Index)
QS0011095831 CAC 40 Short CAC 40 Short CACSH Reuters(CACSH), Bloomberg(CACSH Index)
QS0011095922 PSI 20 Leverage PSI 20 Leverage PSILV Reuters(PSILV), Bloomberg(PSILV Index)
QS0011100862 PSI 20 XBear PSI 20 XBear PSIXB Reuters(PSIXB), Bloomberg(PSIXB Index)
QS0011095948 PSI 20 Short PSI 20 Short PSISH Reuters(PSISH), Bloomberg(PSISH Index)
 
Information
Rules (effective from April 21st 2008)

Title Title Title
Leverage indices Short indices XBear indices

Factsheet (EN)

Title Title Title
Leverage indices Short indices Xbear indices

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Contact
Email : newindices@euronext.com