MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced yesterday that the MSCI Emerging Markets and MSCI EAFE Indices form the basis of new index options launched by NASDAQ OMX PHLX yesterday.
“We are delighted to have licensed NASDAQ OMX PHLX for index options based on the MSCI Emerging Markets and MSCI EAFE Indices,” said Baer Pettit, Managing Director and Head of the MSCI Index Business. “The launch of these options provides institutional investors with yet another important tool for managing their portfolios benchmarked to MSCI equity indices.”
The MSCI Emerging Markets and MSCI EAFE Indices are free-float adjusted market capitalization indices. The MSCI Emerging Markets Index tracks the equity market performance in the global emerging markets, with over 800 securities in 21 markets, covering large and mid-cap securities.
The MSCI EAFE Index is a prominent benchmark in the United States, and is comprised of over 900 large and mid cap securities from 22 developed markets outside of North America, including Europe, Australasia and the Far East.