At The Close by Donald W. Pendergast Jr.
Never before has the typical futures market participant had so many trading opportunities available — and all under one roof.
IN late 2009, Nyse Liffe US began offering futures contracts based on the Morgan Stanley Capital International (Msci) indexes, one of the most widely followed group of market index benchmarks in the world. While I can’t even begin to scratch the surface as to how big the implications are, especially for US-based traders, here are some of the major advantages of moving at least a portion of your trading activities to any or all of these Msci index–linked futures market products.
Currently, there are two main classes of Msci indexes licensed by Nyse Liffe US for futures trading: those focused on developed markets and those that deal solely in emerging markets. Between these two classes of indexes, six specific regions are covered, which essentially covers the entire international trading and investing arena:
- Msci Usa (styles, sectors)
- Msci Europe (large cap, styles, sectors)
- Msci Emu (large cap, styles, sectors)
- Msci Eafe