Nikkei to develop new futures index series by July

TOKYO -- Nikkei will develop a series of four new futures indexes to track price movements of futures listed on the Osaka Exchange in order to meet growing demand from investors, especially from overseas, the company said on Friday.

The new series, which will be created by July, will consist of the Nikkei 225 Futures Index, designed to track the returns of nearest-term contract of Nikkei 225 Futures, and three derived indexes. These will be the Nikkei 225 Futures Leveraged Index, the Nikkei 225 Futures Inverse Index, and the Nikkei 225 Futures Double Inverse Index. With the series, the company intends to assist investors in planning advanced investment strategies.

In addition, the company on Friday added three other indexes; the Nikkei 225 Total Return Leveraged Index, the Nikkei 225 Total Return Inverse Index and the Nikkei 225 Total Return Double Inverse Index, which are derived indexes based on the Nikkei 225 Total Return Index, to the existing Nikkei Stock Average Strategy Index Series.

For more details, please visit the Nikkei indexes website.