Osaka to offer access to flagship US index

The Osaka Securities Exchange will start offering futures contracts based on the Dow Jones Industrial Average on 28 May.

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The Osaka Securities Exchange (OSE) will start offering futures contracts based on the Dow Jones Industrial Average (DJIA) on 28 May.

The contract will allow Japanese market participants to gain exposure to the DJIA, which includes the 30 most liquid shares listed in the US.

The launch of OSE DJIA future next month is the result of a strategic partnership between the Japanese exchange and US derivatives market CME Group that was signed in July last year.

As per the agreement, the CME will also list e-micro futures contracts based on the Nikkei 225 index – the Japanese blue-chip index. The exchanges also plan to cooperate on joint projects, marketing and promotions.

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