Morningstar CME Deal Tests Index Franchise As Share Price Stays Under Pressure
Morningstar and CME Group have entered a new multi year licensing agreement to list derivatives tied to Morningstar equity index benchmarks. The deal allows CME Group to launch futures and options based on Morningstar Market Indexes that are used as benchmarks for a large pool of global assets. The agreement expands the ways investors can gain exposure to Morningstar indexed strategies through listed derivatives. For investors tracking Morningstar, ticker NasdaqGS:MORN, this move comes as...