#United States #Chicago #Cboe Global Markets #Metaurus Advisors #CEQX Index

Cboe and Metaurus Launch the Cboe U.S. Large-Mid Cap 100 Index

Cboe Global Markets, a premier derivatives and securities exchange network, has partnered with Metaurus Advisors to unveil the Cboe U.S. Large-Mid Cap 100 Index, known as CEQX. Launched on December 20, 2024, this innovative index marks the beginning of a series of four indices that aim to revolutionize dispersion trading in the U.S. equity markets.

The CEQX Index is specifically designed as an equal-dollar-weighted index comprising 100 large- to mid-cap U.S.-listed stocks, meticulously rebalanced on a quarterly basis. This structure allows the index to effectively mirror the sector capitalization weightings of the largest companies on U.S. exchanges. Cboe and Metaurus are set to expand this offering further with three additional indices scheduled for roll-out in early 2025: the Cboe Lead 50 Index, the Cboe Lag 50 Index, and the Cboe U.S. Large-Mid Cap 100 Cumulative Return Index.

Rob Hocking, Cboe's Global Head of Product Innovation, highlighted the significance of the CEQX Index, stating, "This launch is an exciting advancement in making dispersion trading more accessible and reflects our commitment to providing traders with tools to explore opportunities in the market." The CEQX is not only envisioned as a reliable measure of large- and mid-cap stock performance but also as a foundational element for the subsequent indices in development.

The forthcoming Cboe Lead 50 and Cboe Lag 50 indices will be structured to equally weight and assess the total returns of the top 50 and bottom 50 performing stocks, respectively, from within the CEQX Index. Investors can gain valuable insight into the realized dispersion, which signifies the independent movements noticed in a diversified portfolio, by tracking the quarterly returns of these innovative measures.

Richard Sandulli, Co-CEO of Metaurus, also spoke to the potential of these new indices. He noted, “CEQX serves as the foundational index for the Cboe Lead 50 and Lag 50 indices, providing a novel method for market operators to evaluate realized dispersion. The relationships between these indices, together with the planned futures products on the Lead/Lag 50 indices, represent an intuitive approach and pave the way for new asset group securitization.”

Cboe Global Indices will administer the CEQX Index, further adding to Cboe's already impressive suite of innovative index offerings, which includes its volatility indices and the Cboe Bitcoin U.S. ETF Index.

In synergy with this launch, Cboe Labs, devoted to product innovation, intends to introduce tradable futures based on the Cboe Lead 50 and Cboe Lag 50 indices, with the intention of listing them on the Cboe Futures Exchange, pending regulatory approvals.

About Cboe Global Markets

Cboe Global Markets operates as the globe's leading derivatives and securities exchange network, delivering advanced trading, clearing, and investment solutions globally. Cboe continues to provide impactful trading solutions across diverse asset classes, firmly holding a commitment to fostering an inclusive marketplace that enables individuals to achieve sustainable financial futures. For further details, explore their official website at www.cboe.com.

About Metaurus Advisors, LLC

Metaurus Advisors positions itself as a cutting-edge SEC-registered investment advisor with a focus on innovative derivative and structured products. Leveraging decades of industry expertise, Metaurus aims to assist investors in discovering new avenues for investment returns. For more insights, visit www.Metaurus.com.