TWSE Press Release

Yuanta apply for qualification approval of “S&P Japanese Yen Futures 2x Leverage Daily ER Index,” “S&P Japanese Yen Futures 1x Inverse Daily ER Index, ”and “S&P GSCI Gold 2x Leveraged Index ER”.

Publish Date︰2017/01/16 18:19

Yuanta Securities Investment Trust Co., Ltd. submitted applications for “S&P Japanese Yen Futures 2x Leverage Daily ER Index,” “S&P Japanese Yen Futures 1x Inverse Daily ER Index, ”and “S&P GSCI Gold 2x Leveraged Index ER” for qualification approval today (1/9). This was the first application case by securities investment company this year, said TWSE.

According the application materials, said TWSE, that the “S&P Japanese Yen Futures 2x Leverage Daily ER Index”, “S&P Japanese Yen Futures 1x Inverse Daily ER Index ”and “S&P GSCI Gold 2x Leveraged Index ER” are respectively designed to track the 2x and -1x of the daily performance of the underlying reference indices; the S&P GSCI Gold 2x Daily Return Index (ER) aims to track the 2x of daily performance of “S&P GSCI Gold Index ER”.

“S&P Japanese Yen Futures Index” consists of one single-month Japanese Yen Futures listed in the Chicago Mercantile Exchange Group (CME Group). “S&P GSCI Gold Index” consists of one single-month gold futures listed in the New York Mercantile Exchange (NYMEX). The trading information of these two futures contract were published by CME Group.

As addressed by the TWSE, this application submitted by Yuanta is the first case to apply for Japanese Yen leveraged and inverse indices among domestic companies. It is expected that the domestic ETF products will be more diversified and help investors more choices to improve the performance of their asset allocation.

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