N
Written by
NIBA
Published
Reading time
2 min
ICE LAUNCHES NYSE FANG+ INDEX FUTURE ON NOVEMBER 8 The NYSE FANG+ Index™ offers exposure to a select group of highly-traded stocks of tech-enabled companies. Beginning on November 8, 2017, ICE Futures U.S. will launch a new futures contract designed to help you gain or reduce exposure to this key group of growth stocks in a capital efficient manner. The NYSE FANG+ index includes 10 actively traded stocks that represent some of the top innovators across today’s tech-oriented companies. The index’s underlying composition is equally weighted and reconstituted on a quarterly basis, providing a unique performance benchmark that allows for an adaptive approach to trading, investing and hedging. The index constituent stocks are: Facebook, Apple, Amazon, Netflix, Google, Alibaba, Baidu, NVIDIA, Tesla and Twitter. Key Benefits
  • Low-cost exposure to key components of the tech sector
  • Hedging mechanism to efficiently increase or decrease tech exposure in equity portfolios
  • A highly correlated index to tech-related stocks
  • Disciplined yet flexible methodology allows for adaptation to the evolution of the tech sector
Learn More  ICE is offering several FANG+ fee reduction programs including a rebate program for ICE Clearing Members. This program provides a viable coordination opportunity for brokers and their respective clearing firms. Please contact equities@theice.com for more information.

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...