Cboe and Benzinga will host a virtual webinar introducing the Cboe Magnificent 10 Index (MGTN) on November 13 at 11 am ET. The expansion of the popular Magnificent 7 paradigm includes the addition of Advanced Micro Devices Inc. (AMD), Broadcom Inc. (AVGO) and Palantir Technologies Inc. (PLTR), creating a new benchmark that captures the pulse of U.S. large-cap technology stocks driving overall market growth.
Henry Schwartz, Vice President of Derivatives Market Intelligence at Cboe, and Benzinga's Gianni DiPoce will lead the exclusive pre-launch webinar, providing investors with early insights into this innovative thematic index. The session will focus on Cboe's equal-weighted index methodology and demonstrate how this product suite enables efficient exposure to growth leaders in the technology sector.
The webinar will provide comprehensive details about the design and methodology behind the MGTN Index, explaining why Cboe decided to expand beyond the original seven companies. Participants will learn about the upcoming launch of options and futures on MGTN, including the significant advantage of being able to trade these derivative products 24 hours a day, five days a week. Additional information about the index and registration details are available at https://www.benzinga.com.
The expansion to ten companies reflects the evolving landscape of influential technology stocks and their increasing impact on broader market performance. These technology titans represent some of the most significant drivers of innovation and economic growth, particularly in areas such as artificial intelligence, semiconductor technology, and data analytics. The inclusion of AMD, Broadcom, and Palantir acknowledges their growing market influence and technological leadership.
Following the main presentation, the webinar will feature a live Q&A session where attendees can submit questions directly to Schwartz and DiPoce. Discussion topics will include the methodology behind MGTN, the importance of AI stocks to the index composition, and strategies for leveraging options and futures on MGTN for portfolio management. The event is designed to serve both veteran tech investors and newer market participants seeking efficient exposure to the most influential stocks driving today's markets.
The creation of the Magnificent 10 Index represents an important development for investors seeking targeted exposure to leading technology companies. By expanding beyond the original seven companies, Cboe provides a more comprehensive view of the technology sector's leadership while maintaining the equal-weighted approach that distinguishes their thematic indices. This expansion comes at a time when technology companies continue to demonstrate outsized influence on market performance and economic growth trends.
For those interested in learning more about the original press release, additional details can be found at https://www.newmediawire.com. The webinar represents an opportunity for market participants to gain early understanding of this new investment vehicle before its formal launch, providing valuable insights into how technology sector exposure can be optimized through innovative index products.
