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Main characteristics

Bloomberg Code SGIXFIRM
Inception Date 03/08/2009
Return Type Excess Return
Currency EUR
CALCULATED_BY Standard & Poor's

Objective

Central banks revise rates counter-cyclically and the repeated moves create trends in short-term interest rates. Euribor 3M Futures are the money market instruments closest linked to European Central Bank (ECB) rate movements. The 4th quarterly Euribor 3M Future contract is the most traded Future, and is quoted on an organised market. SGI FIRM aims to profit from the trends created by ECB, by taking positions in the 4th quarterly Euribor 3M Future contracts

Mechanism

Central banks revise rates counter-cyclically and the repeated moves create trends in short-term interest rates. Euribor 3M Futures are the money market instruments closest linked to European Central Bank (ECB) rate movements. The 4th quarterly Euribor 3M Future contract is the most traded Future, and is quoted on an organised market. SGI FIRM aims to profit from the trends created by ECB, by taking positions in the 4th quarterly Euribor 3M Future contracts.


The SGI FIRM (EUR - ER) (The “Index”) is the property of SG, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to maintain and calculate the Index. S&P® is a registered trademarks of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices Custom” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been sublicensed for certain purposes by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates shall be liable for any errors or omissions in calculating the Index.
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