Emerging Indices

Emerging Indices. Indices that are not based on developed indices. Emerging Indices include but are not limited to: 1. indices based on geographically emerging markets (a "China" index or a "Middle East" index); 2. indices that are constructed in novel or unique ways that are unfamiliar to most market participants (for example, a new index construction that relies on the prices of intervening instruments might be an emerging index, especially if there are no commonly-traded products using the index at the time... it is offered to CME); and 3. indices based on underlying products that have not developed liquid trading in the direct market for the products of which the index is composed (for example, an index composed of prices of new and illiquid ETFs) View More