The financial markets landscape is poised for innovation as Cboe Global Markets and Benzinga prepare to introduce the Cboe Magnificent 10 Index (MGTN) through an exclusive pre-launch webinar scheduled for November 13, 2025. This new benchmark represents a significant evolution in index-based trading tools, capturing the pulse of U.S. large-cap technology and growth companies through a thematic, equal-weighted approach that builds upon the market's established "Magnificent 7" framework.
The MGTN Index expands the traditional Magnificent 7 stocks—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla—by incorporating three additional influential technology companies: AMD, Broadcom and Palantir. This expansion reflects the dynamic nature of the technology sector and acknowledges the growing importance of these additional market leaders in driving innovation and economic growth. The equal-weight methodology ensures balanced representation across all ten components, potentially offering a different risk-return profile compared to market-cap weighted alternatives.
Market participants attending the free live session will gain valuable insights from industry experts Henry Schwartz, Vice President of Derivatives Market Intelligence at Cboe, and Gianni Di Poce, Analyst and Contributor at Benzinga. The webinar will provide comprehensive details about the index's design and methodology, explaining how Cboe developed this new benchmark to meet evolving market needs. Attendees will learn how the MGTN product suite enables efficient exposure to today's growth leaders, offering new opportunities for portfolio diversification and targeted sector exposure.
The upcoming launch of options and futures on MGTN represents a significant development for derivatives traders, with trading expected to operate nearly 24 hours a day, five days a week. This extended trading capability addresses the global nature of modern financial markets and provides increased flexibility for international investors. The event will cover what market participants can expect from these new derivative products, including potential trading strategies and risk management considerations.
This innovation matters because it provides market participants with new tools to navigate the rapidly evolving technology sector. The expansion beyond the traditional Magnificent 7 acknowledges the changing leadership within the technology space and offers a more comprehensive view of sector performance. For professional traders and portfolio managers, the MGTN Index and its associated derivatives products could provide more precise exposure to specific segments of the technology market, potentially enhancing risk management capabilities and investment precision.
The introduction of the Magnificent 10 Index reflects the ongoing evolution of financial products designed to meet sophisticated investor needs. As technology continues to drive economic growth and market performance, tools like MGTN become increasingly important for capturing sector trends and managing concentrated exposures. The free webinar available through https://www.benzinga.com/events/unveiling-the-cboe-magnificent-10-index-a-new-way-to-trade-tech-titans/ offers market participants an opportunity to understand these developments before the official product launch, potentially providing early adopters with strategic advantages in portfolio construction and trading strategies.
