Cboe Global Markets plans to list new Cboe S&P 500 ESG Index options

Maria Nikolova

The new contracts will complement Cboe’s exclusive suite of S&P DJI Index options.

Cboe Global Markets, Inc. today announced plans to list options on the S&P 500® ESG Index. The options are set to be available from September 21, 2020, pending regulatory review.

Cboe S&P 500 ESG Index options provide representation of companies meeting S&P DJI’s environmental, social and governance (ESG) factors, while offering investors a risk-return profile similar to that of the S&P 500® Index. The new options are expected to have particular utility for market participants seeking an efficient way to gain exposure to or hedge the U.S. equity market that meets sustainability criteria.

The S&P 500® ESG Index is a broad-based, market cap-weighted index that measures the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500® Index. The S&P 500® ESG Index aims to align investment objectives with ESG values, moving ESG from the fringe of market participants’ portfolios to the core.

The new contracts will complement Cboe’s exclusive suite of S&P DJI Index options, which include S&P 500® Index (SPX) options, in standard and mini, one-tenth contract size (XSP), with A.M. and P.M. settled weekly and monthly expiring contracts, and options on S&P Select Sector Indices with monthly expiring contracts. Cboe S&P 500 ESG Index options also offer market participants the benefits of cash settlement and European-style exercise.

Investors can also customize the key contract specifications with FLEX® options. The index and settlement values are available over the Cboe Streaming Market Indices (CSMI) feed.

Ed Tilly, Chairman, President and Chief Executive Officer at Cboe Global Markets, explains: “The new Cboe S&P 500 ESG Index options are designed to respond to this growing demand from the marketplace by offering an additional tool that can provide global participants of all sizes with ESG representation within their portfolios, while enabling them to efficiently trade and manage their risk preferences.”

Read this next

Technical Analysis

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.

Digital Assets

Cyprus keeps FTX EU license suspended until September

The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX.com’s CIF license, which allowed the insolvent platform to operate throughout Europe, until September 30, 2024.

Metaverse Gaming NFT

Mon Protocol and Pixelverse Forge a Groundbreaking Partnership to Revolutionize Blockchain Gaming

Mon Protocol and Pixelverse make history in the annals of Blockchain gaming as they set up the architecture for the melding of their technologies.


Nimiq Pay Launch: A New Standard For Self-Custodial Crypto Payments

Nimiq, the blockchain ecosystem for payments that is designed to make cryptocurrency easy for everyone to use, has taken the first concrete steps towards its goal of becoming the world’s most widely-accepted digital asset for payments with the launch of Nimiq Pay.

Inside View, Interviews

Exclusive: GoMining’s Mark Zalan wants to democratize opportunities of Bitcoin halving

As the Bitcoin community counts down to the upcoming Bitcoin halving, Mark Zalan, CEO of GoMining, shared exclusive insights into how the company is gearing up for this pivotal event in the cryptocurrency world.

Digital Assets

Umoja Partners with Merlin Chain to Launch Revolutionary Bitcoin-Based Synthetic Dollar – USDb

Umoja, an innovative smart money protocol, has embarked on a strategic partnership with Merlin Chain, a leading Bitcoin Layer-2 network, to introduce USDb, the first Bitcoin-based, high-yield synthetic dollar.

Crypto Insider

Bybit Report Highlights Imminent Bitcoin Supply Shortage and Rising Scarcity Post-Halving

Bybit, recognized as one of the top three cryptocurrency exchanges globally in terms of trading volume, has recently published a comprehensive report highlighting the future supply constraints of Bitcoin.


BlockDAG Outshines XRP Price Breakout and Uniswap Crypto Forecast with 20,000x ROI Potential and Teaser for Keynote on Moon

BlockDAG has become the latest sensation in the crypto world, which has taken the spotlight by storm, overshadowing even the most optimistic projections for XRP’s price breakout and Uniswap’s crypto forecast.

Digital Assets

Binance announces blockchain courses at European universities

“Education plays a pivotal role in advancing adoption and fostering opportunities as these technologies redefine our future and global economic landscape.”