Investment banks use this product alongside their activity in structured products.
Euronext has said it is targeting banks and hedge funds with the launch of extended maturities for the total return future based on the French blue chip index, marking the latest addition to a successful new product set from the European exchange group. Euronext said it extended on Monday October 10 maturities on the CAC 40 total return future (TRF) out to ten years to reflect the requirements of banks and hedge funds. The existing TRF, launched in 2018, offered maturities to five years. Ther