Cboe and Benzinga to Host Exclusive Webinar Unveiling New Magnificent 10 Index
Cboe Global Markets and Benzinga are hosting a free virtual event to introduce the new Cboe Magnificent 10 Index, providing market participants with early access to a thematic index that expands beyond the traditional Magnificent 7 stocks to include additional technology leaders.
The financial markets are set to gain a new benchmark with the introduction of the Cboe Magnificent 10 Index (MGTN), a thematic, equal-weighted index that captures the momentum of U.S. large-cap technology and growth companies. This innovative index expands upon the widely followed "Magnificent 7" stocks—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—by adding three additional technology leaders: AMD, Broadcom, and Palantir. The expansion reflects the evolving landscape of technology dominance and provides market participants with broader exposure to the sector's most influential players.
Cboe Global Markets and Benzinga will host an exclusive pre-launch webinar on Thursday, November 13, 2025, offering traders, investors, and market enthusiasts an early look at this significant market development. The free live session, scheduled for 11am EST, will be led by Henry Schwartz, Vice President of Derivatives Market Intelligence at Cboe, and Gianni Di Poce, Analyst and Contributor at Benzinga. These industry experts will provide comprehensive insights into the index's design methodology and the upcoming product suite that will enable efficient exposure to today's growth leaders.
The introduction of the Magnificent 10 Index represents a strategic evolution in index-based trading tools, addressing the need for more diversified exposure to the technology sector beyond the traditional market leaders. The equal-weight methodology ensures that each component company carries equal importance in the index, potentially reducing concentration risk while maintaining focus on high-growth technology companies. This approach contrasts with market-cap weighted indices where larger companies dominate the performance.
Market participants attending the webinar will gain valuable information about the upcoming launch of options and futures on the MGTN index, which will trade nearly 24 hours a day, five days a week. This extended trading capability provides greater flexibility for global market participants and reflects the increasing demand for around-the-clock access to technology sector exposure. The event serves as a crucial opportunity for professional traders, portfolio managers, and market enthusiasts to understand how this new index fits into their investment strategies.
Registration for the event is available through https://www.benzinga.com/events/unveiling-the-cboe-magnificent-10-index-a-new-way-to-trade-tech-titans/. The webinar represents a significant development in financial product innovation, offering market participants new tools to navigate the rapidly evolving technology sector and potentially capture growth opportunities across a broader spectrum of leading companies. The expansion from seven to ten companies acknowledges the growing influence of additional technology firms in shaping market trends and economic growth.