Nasdaq Launches Futures on the OMX Sweden Small Cap 30 ESG Responsible Index™
10 April 2024 - 4:30PM
Nasdaq Launches Futures on the OMX Sweden Small Cap 30 ESG
Responsible Index™
Nasdaq (Nasdaq: NDAQ) today announced the launch of Nasdaq futures
on the OMX Sweden Small Cap 30 ESG Responsible Index™ (Nasdaq:
OMXSS30ESG™) (Bloomberg Ticker: OMXSMLGI).
With over 300 billion SEK in Assets under Management (AUM) of
equity funds in Sweden that track the Swedish small cap market
segment, this new futures solution offers an important development
for asset managers, retail investors, and ETP issuers.
The Nasdaq futures solution makes it possible for investors to
simplify their investment strategies and efficiently gain exposure
to the Swedish small cap market. This is done by consolidating a
diversified portfolio of small cap stocks into a single, easily
tradeable instrument.
Additionally, the incorporated environmental, social and
governance (ESG) screening criteria, as outlined in the Index
methodology, enables investors to make decisions that may be
aligned with positive societal and environmental outcomes. The
futures on the small index segment can be used as instruments
for cash management and hedging as well as in the creation and
trading of ETPs and structured products.
“This is an excellent product that can be used in our long-only
equity funds, as well as for hedging purposes in our absolute
return funds,” said Marcus Plyhr, Portfolio Manager at Norron Asset
Management. “With this innovative setup and great liquidity, we
will be able to hedge our funds in a better way than through any
other relevant product existing on the market.”
“We are very pleased to meet the strong market demand for an
index future covering the Swedish small cap segment,” said
Alessandro Romani, VP, Head of European Derivatives at Nasdaq. “The
new index future offering is part of Nasdaq Europe’s strategy to
support investors with a liquid and diversified product for the
Nordic region combined with our strong commitment to ESG.”
Further information on Nasdaq futures on the OMX Sweden Small
Cap 30 ESG Responsible™ Index can be found at Nasdaq ESG
Derivatives.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company
serving corporate clients, investment managers, banks, brokers, and
exchange operators as they navigate and interact with the global
capital markets and the broader financial system. We aspire to
deliver world-leading platforms that improve the liquidity,
transparency, and integrity of the global economy. Our diverse
offering of data, analytics, software, exchange capabilities, and
client-centric services enables clients to optimize and execute
their business vision with confidence. To learn more about the
company, technology solutions, and career opportunities, visit us
on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
About Norron Asset Management
Norron is an entrepreneurial and fundamental Nordic active fund
manager seeking to generate long term alpha within equities and
fixed income. In order to optimize return for our investors, we
follow strategies and investment philosophies based on four
cornerstones: common sense, competence, accessibility and
transparency. For more information visit www.norron.com.
Media Contacts
NasdaqHelle MayorPhone: +45 9132
4030helle.mayor@nasdaq.com
Norron Asset ManagementSebastian Uddén Phone:
+45 8 555 069 40Sebastian.udden@norron.com
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