S&P Merval Futures Contract allows trading today future price forecasts of the stock portfolio represented by the S&P Merval Index, thus meeting the demand of local investors who seek exchange rate fluctuation and international index exposure with a lower investment amount for the S&P Merval Futures Contract.
The S&P MERVAL Index, Argentina’s flagship index, seeks to measure the performance of the largest, most liquid stocks trading on the Bolsas y Mercados Argentinos Exchange (BYMA) classified as domestic stocks. The constituents of the index must meet minimum size and liquidity requirements.