Derivatives: Launch of OMX Stockholm Benchmark index futures on June 4th (32/07)

To continue the development of the Swedish market OMX will as from the 4th of June 2007 offer futures based on the OMX Stockholm Benchmark index.  

OMX Stockholm Benchmark index (OMXSB) is a tradable index where most sectors on The Nordic Exchange in Stockholm are represented. Each company’s weight is based on market capitalization adjusted for the free float. The index consists of the 80 to 100 largest and most liquid stocks. This makes the OMXSB future an excellent instrument for quick and efficient increase or decrease in exposure to the overall trend on the Swedish stock market. Futures on OMXSB are based on a gross index where dividends are reinvested in the index. Combined with the broad company exposure the characteristics of the product make it unique.