For Release: November 15, 2007
CFTC Action Allows OMX Nordic Exchange Stockholm AB’s Futures Contract Based on the VINX30 Index to Be Offered and Sold in the United States
Washington, DC - The U.S. Commodity Futures Trading Commission's (CFTC's) Office of General Counsel issued a no-action letter on November 13, 2007, permitting the offer and sale in the United States of OMX Nordic Exchange Stockholm AB’s (OMX Stockholm’s) futures contract based on the VINX30 Index (VINX30).
The VINX30 is a broad-based, market-capitalization-weighted, price security index comprised of 30 of the most highly capitalized and actively traded stocks listed and traded on OMX Stockholm, OMX Nordic Exchange Copenhagen A/S, OMX Nordic Exchange Helsinki Oy, OMX Nordic Exchange Iceland hf, and the Oslo Stock Exchange. As of June 27, 2007, the total adjusted market capitalization of the VINX30 was approximately $814.36 billion.
- For information on foreign exchange-traded security index futures contracts pending no-action approval with the CFTC's Office of General Counsel see the Foreign Products Available to U.S. Customers at http://www.cftc.gov/international/foreignmarketsandproducts/foreignproducts.html
R. David Gary
Last Updated: November 14, 2007