​Daily Wrap – Eurex Launches Global Div Contracts, Vol Funds Prepped

Listed markets in the U.S. saw further single stock action today, with BAC seeing sizable options flow. In Europe, Eurex has launched futures and options on the STOXX Global Select Dividend 100 Index, allowing investors to invest in 100 high dividend-yielding companies in developed countries based in North America, Europe and Asia Pacific. Meanwhile in the U.S., Advantus Capital Management plans to launch two volatility strategies this September; the Advantus Dynamic Managed Volatility Fund and the Advantus Managed Volatility Equity Fund.