Dividend Neutral Stock Futures (DNSFs) are Derivatives Instruments that give investors exposure to the price movements of an underlying Share while stripping out inherent risk in dividend assumptions and Futures pricing. The contract brings together a Single Stock Futures (SSFs) Contract and a Dividend Futures Contract.
This product is ideal for market participants who want to remove dividend assumption risk, including hedgers seeking to protect an existing Share portfolio and speculators hoping to make a profit on short-term movements in the Futures Contract price, including professional and private investors.
To trade, register as a client with
an authorised JSE Equity Derivatives member.