KBW Announces Index Rebalancing for Third-Quarter 2018


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


NEW YORK, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the third quarter of 2018.

This quarter, there are constituent changes within two of our indexes - the KBW Nasdaq Financial Technology Index (TICKER:KFTX), and the KBW Nasdaq Regional Banking Index (TICKER:KRX). These changes will be effective prior to the opening of business on Monday, September 24, 2018.

As part of this rebalancing, below are the component level changes across the indices:

KBW Nasdaq Financial Technology Index (TICKER:KFTX, NASDAQ:FTEK)

Adds (1):         On Deck Capital, Inc. (NYSE:ONDK)

Deletes (1):     The Dun & Bradstreet Corporation (NYSE:DNB)

KBW Nasdaq Regional Banking Index (TICKER:KRX, NASDAQ:KBWR)

Adds (1):         United Community Banks, Inc. of Georgia (NASDAQ:UCBI)

Deletes (1):     MB Financial, Inc. (NASDAQ:MBFI)

Several of the KBW Nasdaq indices have tradable exchange-traded funds licensed: KBW Nasdaq Bank Index (TICKER:BKX, NASDAQ:KBWB); KBW Nasdaq Capital Markets Index (TICKER:KSX); KBW Nasdaq Insurance Index (TICKER:KIX); KBW Nasdaq Regional Banking Index (TICKER:KRX, NASDAQ:KBWR); KBW Nasdaq Financial Sector Dividend Yield Index (TICKER:KDX, NASDAQ:KBWD); KBW Nasdaq Premium Yield Equity REIT Index (TICKER:KYX, NASDAQ:KBWY); KBW Nasdaq Property and Casualty Insurance Index (TICKER:KPX, NASDAQ:KBWP); KBW Nasdaq Global Bank Index (TICKER:GBKX); KBW Nasdaq Financial Technology Index (TICKER:KFTX, NASDAQ:FTEK).

Not all of the listed securities may be suitable for retail investors; in addition, not all of the listed securities may be available to U.S. investors. European investors interested in FTEK LN can contact Invesco at https://etf.invesco.com/gb/private/en/product/invesco-kbw-nasdaq-fintech-ucits-etf-acc/trading-information. U.S. investors cannot buy or hold FTEK LN. An investor cannot invest directly in an index.

About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry‐leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.

Media Contact
Neil Shapiro, (212) 271-3447
shapiron@stifel.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Press Releases