The New York-based exchange group has targeted a gap in the Swedish market with its small cap futures launch, in the latest addition to its environmental, social and governance (ESG) product suite.
Nasdaq has launched new futures contracts on its OMX Sweden Small Cap 30 ESG Responsible Index, as it seeks to expand the coverage of its Nordic equity products. Asset managers have not had a listed product that can be used for cash management or as an investment tool - Alessandro Romani, Nasdaq “This effort has been driven by the clear need to fill a product gap when it comes to funds tracking the Swedish small cap segment in terms of availability of an index future,” Alessandro
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