For Release: March 7, 2008
CFTC Action Allows Eurex Deutschland’s Futures Contract Based on the RDXxt USD-RDX Extended Index to Be Offered and Sold in the United States
Washington, DC - The Commodity Futures Trading Commission's (CFTC) Office of General Counsel today announced that it issued a no-action letter permitting the offer and sale in the United States of Eurex Deutschland’s (Eurex’s) futures contract based on the RDXxt USD-RDX Extended Index (RDXxt).
The RDXxt is a broad-based, modified market capitalization weighted security index composed of at least 15 of the most highly capitalized and actively traded American Depositary Receipts/Global Depositary Receipts on Russian blue chip companies traded on the London Stock Exchange’s International Order Book. As of February 19, 2008, the total adjusted market capitalization of the RDXxt was approximately $135.5 billion.
For more information on foreign exchange-traded security index futures contracts pending no-action approval, see the “Foreign Products Available to U.S. Customers” in the Related Links section.
R. David Gary
Last Updated: March 7, 2008