Cboe and Benzinga to Host Virtual Event Unveiling New Magnificent 10 Index

Cboe Global Markets and financial media platform Benzinga are hosting an exclusive pre-launch webinar on Thursday, November 13, 2025, to introduce the Cboe Magnificent 10 Index (MGTN), a new benchmark designed to capture the performance of leading U.S. large-cap technology and growth companies. The virtual event will provide market participants with an early look at what Cboe describes as one of the year's most anticipated index launches.

The MGTN Index represents a significant expansion of the popular "Magnificent 7" concept, which includes Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. The new index adds three additional technology leaders: AMD, Broadcom and Palantir, creating a more comprehensive representation of the technology sector's growth leaders. The equal-weighted methodology ensures that each company has equal influence on the index's performance, differentiating it from traditional market-cap weighted indices.

Industry experts Henry Schwartz, Vice President of Derivatives Market Intelligence at Cboe, and Gianni Di Poce, Analyst and Contributor at Benzinga, will lead the one-hour session. They will provide detailed insights into the index's design and methodology, explain how the MGTN product suite enables efficient exposure to today's growth leaders, and discuss what to expect from the upcoming launch of options and futures on MGTN that will trade nearly 24 hours a day, five days a week.

The event is particularly important for traders, investors and portfolio managers seeking new tools to access the technology sector's most influential companies. The expansion beyond the Magnificent 7 reflects the evolving landscape of technology leadership and provides market participants with a broader set of exposure opportunities. Registration for the free live session is available through https://www.benzinga.com/events/unveiling-the-cboe-magnificent-10-index-a-new-way-to-trade-tech-titans/.

This new index launch comes at a time when investors are increasingly seeking thematic investment products that provide targeted exposure to specific market segments. The addition of AMD, Broadcom and Palantir to the established Magnificent 7 companies creates a more diversified technology benchmark that may appeal to investors looking beyond the largest market capitalization names. The upcoming derivatives products will provide additional trading and hedging opportunities for market participants across different time zones and trading strategies.

The development of specialized indices like MGTN represents the continuing evolution of financial markets toward more targeted investment vehicles. For professional traders and portfolio managers, these tools offer new ways to implement sector-specific strategies and manage risk exposure. The nearly 24x5 trading availability of the planned options and futures products will also provide greater flexibility for global market participants operating across different time zones.