The New York Stock Exchange, part of the Intercontinental Exchange (NYSE: ICE) global network of exchanges, today announced the launch of a new index that aims to provide an innovative, smart beta solution for investors wishing to access the buy-write strategy. Developed in association with T3 Index, a research-driven financial indexing firm specializing in volatility and options benchmarking, the NYSE Enhanced Buy-Write Index is published on the NYSE Global Index Feed (GIF) under the symbol “NYBW.” Buy-write strategies involve buying stocks and writing call options against those stock positions. The objective is to enable an investor to earn extra income to hedge against...
↧