The FAANG Revenue and Earnings Indices provide growth investors with a way to enhance their equity strategies in a time of heightened volatility and elevated valuations.
BOSTON (PRWEB) July 31, 2020
In response to unprecedented volatility in equity markets, BLX Global has announced the launch of two new market indices that track the earnings and revenue of the FAANG companies (Facebook, Apple, Amazon, Netflix, and Google). A leader in developing and licensing innovative financial products, BLX Global created the FAANG Earnings Index and the FAANG Revenue Index to help investors better evaluate performance of FAANG stocks by isolating two of the most fundamental drivers of value. Priced daily, the index reflects changes in the trailing twelve month revenue or earnings for the FAANG group.
As investors seek better risk management tools during the heightened uncertainty of the COVID-19 pandemic, the indices can be licensed as a benchmark to facilitate the trading of cash settled options, futures, and swaps or as a reference asset for structured notes. "The FAANG Revenue and Earnings Indices provide growth investors with a way to enhance their equity strategies in a time of heightened volatility and elevated valuations," says BLX Global CEO Jacob Mohs. Investors can use derivatives based on the index to hedge against economic and political risks in the market.
Historical data and updated pricing is available on the Thomson Reuters Eikon platform, using ticker symbol “BLXGLFAANGR" and “BLXFLFAANGE” for the revenue and earnings indices respectively. Additional information on the index methodology is available at: http://www.blxglobal.com.
About BLX Global
BLX Global develops and licenses innovative financial products. Our offerings are centered around Earnings Derivatives®, which allow investors to make direct investments in company earnings streams, and express granular views on individual value drivers. The ability to turn bottom line financial metrics into tradeable and hedgeable assets makes our patent pending system unique. We provide a full spectrum of index and derivative products for exchanges, investment banks, and asset managers around the world. Visit http://www.blxglobal.com for more information.