International derivatives exchange, Eurex, will unveil new dividend futures based on the dividends of 13 U.K. equities on February 24. Anglo American, AstraZeneca, Barclays, BHP Billiton, BP, BT Group, Diageo and GlaxoSmithkline are some of the 13 U.K. equities.
Eurex will introduce annual contracts denominated in Pounds Sterling, U.S. dollars and Euros with maturities between December 2011 and December 2015. Eurex’s existing range of exchange-listed dividend derivatives comprise five index dividend futures, 66 futures on single stock dividends and one option on the EURO STOXX 50 dividend future.
Click here for the release from Eurex.