Skip to Content


 

Futures and options

A wide variety of financial products and services are based on or use MSCI Indexes, including ETFs, mutual funds, insurance products, structured products, OTC derivatives and listed futures and options. The traded notional in MSCI Index based futures and options has exceeded USD 2.598 trillion in 2016 - a 34% growth compared with 2015. 1

MSCI based futures and options are currently listed on the following exchanges:

View a comprehensive overview that includes only Futures and Options linked to MSCI Indexes

Some of the MSCI indexes that have been licensed for use in financial products are profiled in the expanders below. In addition, constituent data for some MSCI Indexes underlying certain listed derivatives is also included below. MSCI reserves the right to restrict or remove access to this data without notice.

Financial products that are based on or linked to any MSCI index require a license from MSCI. For information on licensing, contact us. For the below indexes end of day constituent level data is available for information purposes.

NONE OF THE FINANCIAL PRODUCTS REFERRED TO ON THIS OR ANY OTHER MSCI WEBSITE ARE SPONSORED, GUARANTEED, SOLD, ENDORSED OR PROMOTED BY MSCI. CERTAIN OF THE FINANCIAL PRODUCTS REFERRED TO ON WWW.MSCI.COM (OR ANY OTHER MSCI WEBSITE) MAY BE OFFERED OR SOLD ONLY PURSUANT TO A PROSPECTUS AND MAY NOT BE MARKETED OR SOLD IN CERTAIN JURISDICTIONS. THE FINANCIAL PRODUCTS REFERRED TO HEREIN MAY NOT BE SUITABLE FOR ALL INVESTORS.
 
1 As of December 31, 2016, and reported on December 31, 2016 by CBOE, DGX, Eurex, ICE Futures Europe, ICE Futures US, JSE, SGX


MSCI Asia APEX 50 Index

The MSCI Asia APEX 50 Index is a free-float adjusted market capitalization weighted index that is designed to track the 50 largest stocks in the Asia ex Japan region represented in the MSCI AC Asia ex Japan Index. The MSCI Asia APEX 50 Index serves as a tradable proxy to the broader MSCI AC Asia ex Japan Index, a benchmark index widely followed by investors investing in Asia and forms the basis for investment products such as exchange traded and OTC derivative contracts, exchange traded funds and other passive vehicles.


Index Calculation
 

The MSCI Asia APEX 50 Index is calculated in US Dollars on a real time basis and disseminated every 15 seconds during market trading hours in Asia.

Real time codes:

  • Reuters .ASIAAPEX
  • Bloomberg MXAPEXA

 

On March 12, 2008, MSCI licensed the Singapore Exchange to create futures contracts on the MSCI Asia APEX 50 Index, and the futures started trading on May 21 2008.
 

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
MSCI China A 50 Index

The MSCI China A 50 Index is derived from its flagship parent index, the MSCI China A Index, and aims to reflect the performance of the 50 largest securities of the MSCI China A Index, ranked by domestic free float-adjusted market capitalization.

By including the 50 largest Shanghai and Shenzhen listed A shares, and excluding Special Treatment (ST) securities (which can raise investability concerns), the MSCI China A 50 Index is a representative and easily replicable alternative to the MSCI China A Index.

The MSCI China A 50 Index is designed to be able to serve as the basis for investment products such as exchange traded and OTC derivative contracts, ETFs and other passive vehicles.


Index Calculation

The MSCI China A 50 Index is calculated in USD, HKD and CNY on a real time basis and disseminated every 15 seconds during market trading hours.

Real Time Codes

Bloomberg
Currency Variant Ticker
CNY Price M9CNA50
CNY Gross M8CNA50
CNY Net M7CNA50
HKD Price M0CNA50
HKD Gross MBCNA50
HKD Net MACNA50
USD Price MXCNA50
USD Gross M2CNA50
USD Net M1CNA50
Reuters
Currency Variant Ticker
CNY Price .MICNA000nPCN
CNY Gross .MICNA000nGCN
CNY Net .MICNA000nNCN
HKD Price .MICNA000nPHK
HKD Gross .MICNA000nGHK
HKD Net .MICNA000nNHK
USD Price .MICNA000nPUS
USD Gross .MICNA000nGUS
USD Net .MICNA000nNUS
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market open index file  
MSCI China 50 Index

The MSCI China 50 Index is derived from its parent index, the MSCI China Index, and aims to reflect the performance of the 50 largest securities of the MSCI China Index based on free float-adjusted market capitalization.

The applicable universe includes H Shares, P Chips and Red Chips from the existing constituents of the MSCI China Index, and excludes B shares. The eligible securities are ranked in the decreasing order of free float-adjusted market capitalization. The top 50 securities are then selected for inclusion in the MSCI China 50 Index.

The MSCI China 50 Index also applies the MSCI 25/50 Index methodology according to which the weight of a single group entity may not exceed 25% of the index and the sum of the weights of all group entities with more than 5% weight in the index may not exceed 50% of the index.

The MSCI China 50 Index is designed to be able to serve as the basis for investment products such as exchange traded and OTC derivative contracts, ETFs and other passive vehicles.


Index Calculation

The MSCI China 50 Index is calculated in USD on a real time basis and disseminated every 15 seconds during market trading hours.


Real Time Codes

Bloomberg

  •  MXCN50 - price return
  •  M2CN50 - gross return
  •  M1CN50 - net return

Reuters

  • .MICN0000nPUS - price return
  • .MICN0000nGUS - gross return
  • .MICN0000nNUS - net return
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market open index file  
MSCI EM 50 Index

The MSCI EM 50 Index is a representative and replicable subset of the flagship MSCI Emerging Markets (EM) Index.  It includes 50 of the largest constituents of the MSCI Emerging Markets Index and aims to closely track the performance characteristics of the MSCI Emerging Markets Index. The EM 50 Index also applies eligibility screens to exclude some of the smallest Emerging Markets countries and uses depositary receipts for certain markets that are less accessible to foreign investors.

The MSCI EM 50 Index is designed to be able to serve as the basis for structured products and other index-linked investment vehicles.


Index Calculation

The MSCI EM 50 Index is calculated in USD on a real time basis and disseminated every 15 seconds during market trading hours.


Real time codes

Bloomberg

  • MXEF50 – price return
  • M2EF50 – total return
  • M1EF50 – net return

Reuters

  • MXEM50 – price return
  • MXEM50G – total return
  • MXEM50N – net return
     
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market open index file  
MSCI Euro Index

At the close of November 30, 2007, the MSCI Euro Index, which was a subset of the broader MSCI EMU Index, transitioned in one phase to the MSCI EMU Large Cap Index under the MSCI Global Investable Market Indexes Methodology.

Since it has a unique history prior to November 30, 2007, the MSCI Euro Index will continue to be published even though its constituents, as of the close of November 30, 2007, are the same as those of the MSCI EMU Large Cap Index. The index is designed to serve as the basis for derivative contracts, exchange traded funds and other passive investment products.

Futures contracts on the MSCI Euro Index are listed on ICE Futures US.


Index Calculation
 

The MSCI Euro Index is calculated in Euros on a real time basis and disseminated every 15 seconds during market trading hours in Europe.

Real time codes:

  • Reuters .MSER
  • Bloomberg MSER


Methodology and Rebalancing
 

Obtain more information on the MSCI Euro Index methodology and the most recent index rebalancing, or contact MSCI Client Service.

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
MSCI Frontier Markets 100

The MSCI Frontier Markets 100 Index is highly correlated to the broader MSCI Frontier Markets Index, its parent index, but is composed of just 100 of its largest and most liquid constituents. The MSCI Frontier Markets 100 Index puts a stronger emphasis on tradability and liquidity relative to the parent index: its constituents must meet minimum liquidity levels1 and exhibit sufficient foreign room2.

At each full semi-annual index review, the number of constituents is restored to 100. (Between these reviews the number of index constituents may differ from 100 due to deletions resulting from corporate events on existing constituents.)


Real time codes

Bloomberg

  • MXFM100 – price return
  • M2FM100 – total (gross) return
  • M1FM100 – net return

Reuters

  • .MXFM100 – price return
  • .MXFM100G – total (gross) return
  • .MXFM100N – net return

 

1 Measured by the 12-month Annualized Traded Value Ratio (AVTR)
2 foreign room is defined as the proportion of shares still available to foreign investors relative to the maximum allowed

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market Open Index File  
MSCI India Index

The MSCI India Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Indian securities listed on the National Stock Exchange and the Bombay Stock Exchange. The MSCI India Total Return Index takes into account both the price performance and the income from dividend payments, while the MSCI India Price Return Index only takes into account the price performance. The MSCI India Index is based on the MSCI Global Investable Market Indexes Methodology, targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1992.


Real time codes for Price index in local currency:


Reuters .MIIN00000PIN

Bloomberg MXIN


Real time codes for Net Total Return index in local currency


Reuters .MIIN00000NIN

Bloomberg M1IN

Futures contracts on the MSCI India Index are available on the Dubai Commodities and Gold Exchange (DCGX), the Eurex Exchange, the ICE Futures Europe and the Singapore Exchange (SGX).


Methodology and Rebalancing
 

 

For more information on the MSCI India Index methodology, click here or contact MSCI Client Service.

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market open index file  
MSCI Indonesia Index

The MSCI Indonesia Index is designed to track the performance of Indonesian securities listed on the Indonesia Stock Exchange (IDX). The MSCI Indonesia Index is a price return index which takes into account the price performance of its constituents. The MSCI Indonesia Index is based on the MSCI Global Investable Market Indexes Methodology and targets a free float-adjusted market capitalization coverage of 85%.

Futures contracts on the MSCI Indonesia Index are available on the Eurex Exchange and the Singapore Exchange (SGX).

Real time codes

  • Bloomberg: MXID
  • Reuters:      .MIID00000PID
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market Open Index File  
MSCI Malaysia Index

The MSCI Malaysia Index is designed to measure the performance of the large and mid cap segments of the Malaysian equity market. With 42 constituents (as of Dec. 2014), the index covers about 85% of the Malaysian equity universe.

Futures contracts on the MSCI Indonesia Index are available on the Eurex Exchange and the Singapore Exchange (SGX).

Real time codes

  • Bloomberg:  MXMY
  • Reuters:      .MIMY00000PMY
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market Open Index File  
MSCI Pan Euro

At the close of November 30, 2007, the MSCI Pan-Euro Index, which was a subset of the broader MSCI Europe Index, transitioned in one phase to the MSCI Europe Large Cap Index under the MSCI Global Investable Market Indexes Methodology.

Since it has a unique history prior to November 30, 2007, the MSCI Pan-Euro Index will continue to be published even though its constituents, as of the close of November 30, 2007, are the same as those of the MSCI Europe Large Cap Index. The index is designed to serve as the basis for derivative contracts, exchange traded funds and other passive investment products.

Futures contracts on the MSCI Pan-Euro Index are listed on ICE Futures US.

Index Calculation

The MSCI Pan-Euro Index is calculated in Euros on a real time basis and disseminated every 15 seconds during market trading hours in Europe.

Real time codes:

  • Reuters .MSPE
  • Bloomberg MSPE

Methodology and Rebalancing

Obtain more information on the MSCI Pan Euro Index methodology and the most recent index rebalancing

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
MSCI Philippines Index

The MSCI Philippines Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Philippine securities listed on the Philippine Stock Exchange. The MSCI Philippines Total Return Index takes into account both the price performance and the income from dividend payments, while the MSCI Philippines Price Return Index only takes into account the price performance. The MSCI Philippines Index is based on the MSCI Global Investable Market Indexes Methodology, targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1987.


Real time codes for Price index in local currency:

Reuters .MIPH00000PPH

Bloomberg MXPH


Real time codes for Net Total Return index in USD:

Reuters .MIPH00000NUS

Bloomberg M1PH

Futures contracts on the MSCI Philippines Index are available on the Eurex Exchange and the Singapore Exchange (SGX).


Methodology and Rebalancing

For more information on the MSCI Philippines Index methodology, click here or contact MSCI Client Service.

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market Open Index File  
MSCI Russia Index

The MSCI Russia Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Russian securities listed on MICEX Stock Exchange. The MSCI Russia Total Return Index takes into account both price performance and income from dividend payments. The MSCI Russia Index is based on the MSCI Global Investable Market Indexes Methodology, targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1987.

The MSCI Russia Index is used as a basis for futures and options on Eurex.

The MSCI Russia Index is calculated in USD on a real time basis and disseminated every 15 seconds during market trading hours.

Real time codes:

  • Reuters .MIRU00000PUS
  • Bloomberg MXRU
   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Settlement index - This file requires a login. Please contact us if you wish to access this file.  
MSCI Singapore Free

The MSCI Singapore Free Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Singapore securities listed on Singapore Stock Exchange. The MSCI Singapore Free Total Return Index takes into account both price performance and income from dividend payments. The MSCI Singapore Free Index is based on the MSCI Global Investable Market Indexes Methodology targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1987 and uses "foreign" prices instead of local prices when available.

Real time codes:

Reuters .SIMSCI
Bloomberg SIMSCI

On September 7, 1998, futures contracts on the MSCI Singapore Free Index began trading on the Singapore Exchange.

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
MSCI Taiwan Index

The MSCI Taiwan Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Taiwanese securities listed on Taiwan Stock Exchange and GreTai Securities Market. The MSCI Taiwan Total Return Index takes into account both price performance and income from dividend payments. The MSCI Taiwan Index is constructed based on the MSCI Global Investable Market Indexes Methodology, targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1987.

Real time codes:

  • Reuters .TAMSCI   .MSCITW
  • Bloomberg TAMSCI   MXTW

On January 9, 1997, futures contracts on the MSCI Taiwan Index began trading on the Singapore Exchange.

MSCI Thailand Index

The MSCI Thailand Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Thai securities listed on the Stock Exchange of Thailand and the Market for Alternative Investments. The MSCI Thailand Total Return Index takes into account both the price performance and the income from dividend payments, while the MSCI Thailand Price Return Index only takes into account the price performance. The MSCI Thailand Index is based on the MSCI Global Investable Market Indexes Methodology, targeting a free-float market capitalization coverage of 85%. The index has a base date of December 31, 1987.


Real time codes for Price index in local currency:


Reuters .MITH00000PTH

Bloomberg MXTH


Real time codes for Net Total Return index in USD:

Reuters .MITH00000NUS

Bloomberg M1TH

Futures contracts on the MSCI Philippines Index are available on the Eurex Exchange and the Singapore Exchange (SGX).


Methodology and Rebalancing

Obtain more information on the MSCI Thailand Index methodology or contact MSCI Client Service.

   
Closing Index Download excel version
Constituents and weights
Sector weights
History  
Market open index file  

Listed Futures and Options

USD 2.598 trillion of MSCI index based futures and options were traded in 2016.

Ticker codes

Access Bloomberg tickers as of April 2012 and Reuters tickers as of January 2014.

Interview with ICE

MSCI’s executive director of index business management, Ricardo Manrique, explains how the MSCI emerging markets index is formed and why it continues to attract more interest.

Back to Top