MSCI®

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GLOBAL INDEX TOOLKIT

A simpler way to trade global options

With the MSCI Toolkit, you can trade index options around the world while using the same exchanges, market structure and clearing accounts you use for US index options.
  • Easy to trade

    Same exchange as US Index Options
  • Global exposures

    Global exposures on leading indexes
  • More choices

    Standard and weekly expirations
  • Tax benefits

    60/40 tax treatment
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Want a potential trading edge for global index options? Watch this recent Market Intelligence Webinar with Mandy Xu
Want a potential trading edge for global index options? Watch this recent Market Intelligence Webinar with Mandy Xu
Watch Replay
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Expanding opportunities with global index options

The MSCI Toolkit makes trading global index options easier and more efficient than before. These index options are all European-style exercise, USD cash-settled, PM-settled and available in a variety of contract expirations.

MSCI

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GLOBAL INDEX TOOLKIT

Product
Markets
Developed
Emerging
% Market Capitalization*
Approximate Notional Size
Contract Specs
MXACW

NEW

MSCI ACWI Net Total Return USD Index
47 23 24 85% $40,000
MXWLD

NEW

MSCI World Net Total Return USD Index
23 23 0 85% $10,200
MXEA
MSCI EAFE Price Return USD Index
21 21 0 85% $222,900
MXEF
MSCI Emerging Markets Price Return USD Index
24 0 24 85% $99,600
MXUSA

NEW

MSCI USA Gross Total Return USD Index
1 1 0 85% $22,600

Track volatility across the globe

VXMXEA

Measures implied 30-day volatility for 21 developed markets

VXMXEF

Measures implied 30-day volatility for 24 emerging markets

*For regional indexes (i.e., all except USA), the indexes represent 85% of the free float-adjusted market capitalization in each country.

**Final settlement date for trading in expiring MSCI index options (except USA) ends at 4:00 p.m. (Eastern Time) on the business day (usually a Thursday) preceding their Expiration Date.

  • Easy to trade

    Same exchange as US Index Options
  • Global exposures

    Global exposures on leading indexes
  • More choices

    Standard and weekly expirations
  • Tax benefits

    60/40 tax treatment

The MSCI Toolkit makes trading global index options easier and more efficient than before. These index options are all European-style exercise, USD cash-settled, PM-settled and available in a variety of contract expirations.

MXACW

NEW

MSCI ACWI Net Total Return USD Index
47
MXWLD

NEW

MSCI World Net Total Return USD Index
23
MXEA
MSCI EAFE Price Return USD Index
21
MXEF
MSCI Emerging Markets Price Return USD Index
24
MXUSA

NEW

MSCI USA Gross Total Return USD Index
1

Track volatility across the globe

VXMXEA

Measures implied 30-day volatility for 21 developed markets

VXMXEF

Measures implied 30-day volatility for 24 emerging markets

*For regional indexes (i.e., all except USA), the indexes represent 85% of the free float-adjusted market capitalization in each country.

**Final settlement date for trading in expiring MSCI index options (except USA) ends at 4:00 p.m. (Eastern Time) on the business day (usually a Thursday) preceding their Expiration Date.

See how to unlock the potential of the MSCI Toolkit to access global index options to manage risk, enhance yield and diversify strategies.

hedging whitepaper icon
Effectively hedge a global equity portfolio
This use case looks at how a pension that holds global equities in their portfolio can effectively hedge that exposure.
Read the Pension Fund use case
hedging cost to insure icon
Cost to insure against higher volatility appears low
Some institutional investors choose to hedge their downside exposure to market moves by using put options. But what is the cost today of insuring against that risk?
Read MSCI research: Low Volatility Today. Concern or opportunity for tomorrow
hedging managing risk icon
Options for managing risk
Options linked to MSCI indexes have helped some investors manage their global exposures and portfolio risk. Trends have shown an increase in liquidity for exchange traded version.
View liquidity-related statistics for options linked to MSCI indexes

Systematic Options Strategies Linked to Regional Indexes

Read the new report from MSCI highlighting the impact of options-based strategies in investment portfolio

Learn More

Tap into global, international and emerging markets options

diversification whitepaper icon
Diversification of client’s portfolio
This use case looks at how an RIA is able to use the newly expanded suite of MSCI index options to tactically over/underweight exposures to different countries or regions in order to give their clients diversified equity exposure.
Read the RIA use case
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Improving diversification by harvesting premiums & cushioning risk
Wilshire Associates and Cboe have released a study examining the effectiveness of option-selling strategies on international, developed and emerging market equities.
Read the Wilshire MSCI Option Study
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Cboe MSCI Emerging Markets Buywrite Index (BXEF)
The Wilshire paper explores the expanded efficient frontier with a 15% allocation to BXEF to a 60/40 portfolio. Check out the Cboe BXEF index that tracks the performance of a hypothetical buy-write strategy on the MXEF index.
Explore the BXEF index dashboard

Expertise you can trust

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Get the latest market and volatility insights from industry expert Mandy Xu.

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    Macro Volatility Digest

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    Webinar Series

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Expertise you can trust

Get the latest market and volatility insights from industry expert Mandy Xu.

  • WEEKLY COMMENTARY

    Macro Volatility Digest

    Subscribe
    Read Latest
  • THEMATIC ANALYSIS

    Volatility Insights

    Read Latest
  • MONTHLY WEBINARS

    Derivatives Market Intelligence Webinar Series

    Watch Webinar

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