Back to Journal

The NYSE FANG+ Index and NYSE FANG+ Index Futures

N
Written by
NIBA
Published
Reading time
2 min
A Comparison to Other Indexes*
  • The NYSE FANG+ Index is up 27.6% so far in 2020 (as of June 12, 2020) vs. 10.7% for the Nasdaq-100 and -5.9% for the S&P 500
  • Since the low index levels in mid-March, the NYSE FANG+ Index has rebounded significantly more than the other indexes, rising by 54.4% versus 37.9% for the Nasdaq-100 and 35.9% for the S&P 500
  • The equal weighting scheme coupled with the strong performance of most NYSE FANG+ stocks have been the major factors in the NYSE FANG+ index’s relative outperformance
  • Eight NYSE FANG+ stocks are in the Nasdaq-100 and seven are in the S&P 500
  • The NYSE FANG+ Index includes Facebook, Apple, Amazon, Netflix, Google, and five other actively traded growth technology stocks
NYSE FANG+ Index futures trade actively on ICE Futures U.S - Find out more… Key Points:
  • Multiple market makers are streaming quotes and providing tight markets on an ongoing basis. The book is consistently 5 to 10 deep.
  • The contract is open for trading 22 hours a day.
  • BIC, TAS, Block, and spread functionality exists for FANG+ futures.
  • ICE exchange fee are $1.20/side for screen trades and $1.50/side for block and EFRP trades.
  • ICE offers reduced fee programs for market makers, individual and corporate members of U.S. exchanges, and clearing firms.
  • The NYSE provides a free, automated data package for the FANG+ Index providing weights, rebalance data, and corporate actions.
  • ICE has waived all FANG+ futures market data fees.
For further information contact: Ted Doukas Ted.doukas@theice.com   * All returns for stocks and indices represent reinvested gross total return figures. Referenced March lows represent the 2020 year-to-date low price for each respective stock or index that was reached in March 2020. © 2020 Intercontinental Exchange, Inc. The following are trademarks of Intercontinental Exchange, Inc. and/or its affiliated companies. Intercontinental Exchange, ICE, New York Stock Exchange and NYSE. For more information about trademarks owned Intercontinental Exchange, Inc. and/or its affiliated companies, see intercontinentalexchange.com/terms-of-use. For further information about the NYSE FANG+ Index, see www.theice.com/fangplus. The information in this email has been compiled by Intercontinental Exchange Inc. and its affiliates for informational purposes only and should not be considered investment advice. While every attempt has been made to ensure the accuracy of the information neither Intercontinental Exchange, Inc. nor its affiliates guarantee that it is correct and assume no responsibility for any errors or omissions.

Stay Informed

Subscribe to the NIBA Journal for the latest insights and industry updates

Related Articles

View All
Member Announcements

Special Alert: Introducing Brokers will be featured at FIA EXPO 2025

FIA Futures and Options Expo returns to the Sheraton Grand Chicago Riverwalk November 17 & 18th. SPECIAL ALERT: For the first time in several years, Introducing Brokers will be featured at EXPO. On Tuesday, November 18, 3:15pm IBs will present a panel you don't want to miss! Introduced by Melinda Schramm, President of MHS Capital Resource and Founder & Chairman of the NIBA, the panel includes: Morad Askar, EdgeClear Elaine Levin, Powerhouse TL Steve Petillo, Pinion Global Abbey Wilkins, Sweet Futures Matt Kluchenek, Katten Muchin This panel will discuss how Introducing Brokers are viewing and meeting industry and technology changes that are impacting our relationships with our customers, our FCMs and our trading platforms. Click here to view the full...

Member Announcements

From the Classroom to the Trading Floor

There is no single, clearly defined education path for entering the derivatives industry as professionals come from a range of academic backgrounds. Still, higher education plays a crucial role in preparing students for success in this complex and fast-evolving field. A strong foundation in finance, economics, and mathematics is essential. At the undergraduate level, students should prioritize courses in financial markets and institutions, investment analysis, corporate finance, and introductory derivatives. Just as important are courses in statistics and calculus, which help build the analytical and quantitative skills required for understanding pricing models, volatility, and risk management strategies. With the increasing reliance on algorithmic trading and quantitative research, a concentration or minor in applied mathematics, data science, or computer programming can...

Member Announcements

From Insight to Impact: Building a Risk-Smart Community

With a more complex global environment and continuous financial innovation, new and more sophisticated areas of risk have emerged. At the same time, rapid advances in artificial intelligence (AI) and machine learning offer powerful opportunities for private sector firms and financial institutions to enhance their risk management capabilities. Honoring a Legacy: The Founding and Mission of the Arditti Center Founded in 2006, the Arditti Center for Risk Management honors the life and legacy of the late Fred Arditti - a distinguished economist, pioneer in the futures industry, and former executive at the Chicago Mercantile Exchange - who also served as a member of DePaul University's finance faculty. The Center promotes the development of the risk management field by bridging the...