World's first index to track exchanges launched
FTSE has teamed up with Mondo Visione, publisher of the Handbook of World Stock, Derivative and Commodity Exchanges, to produce the world’s first index for tracking listed exchanges and other trading venues.
The FTSE/MV Exchanges Index will measure the progress of the new and rapidly-developing exchanges sector and will include the leading listed exchanges worldwide, including the London Stock Exchange, Euronext, Deutsche Börse and the Australian Stock Exchange.
Mark Makepeace, FTSE’s chief executive, comments, “The newly listed exchanges will be competing for cross-border liquidity in a worldwide marketplace. This will be a global sector from day one, and international investors will want tools to track and measure the performance of individual stocks and the sector as a whole. The FTSE/MV Exchanges Index will benefit from FTSE's well-established expertise in creating internationally recognised transparent indices.”