What is the total return future on the CAC 40 ® index?

The Total Return Future on the CAC 40 ® Index is a listed solution that replicates the economics of a total return swap, based on the benchmark CAC 40 index. It was created at client request in response to the increased capital requirements being imposed by Basel III and EMIR.

What is the CAC 40 index?

CLOSE The CAC 40 is a free float market capitalization weighted index that reflects the performance of the 40 largest and most actively traded shares listed on Euronext Paris, and is the most widely used indicator of the Paris stock market. The index serves as an underlying for structured products, funds, exchange traded funds, options and futures.

What is the French CAC 40 index?

186 LONG–RANGE DEPENDENT TIME SERIES 100 150 200 250 300 350 400 CAC 40 Index 1987 1990 1993 1996 1999 2002 2005 Figure 6.5 French CAC 40. CAC40: The CAC 40 is the French Stock Market Index which was set up on December 30, 1987.