FTSE International Limited trading as FTSE Russell ( "Footsie") is a British provider of

stock market indices In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the ...

and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. It operates the well known UK

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...

as well as a number of other indices. FTSE stands for Financial Times Stock Exchange.

History

The FTSE Group was created in 1995 by Pearson (former parent of the ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikke ...

'') and the London Stock Exchange Group. In 2010, the joint venture with

Xinhua Finance Beat Holdings Limited (, ja, ビート・ホールディングス・リミテッド), formerly known as Xinhua Holdings Limited (; ja, ファイナンス・リミテッド) and Xinhua Finance, is a company founded in 1999. It is headquarte ...

was terminated, the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited". In 2011, Pearson sold its stake to LSE.

Main business

FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent from licensing for index-based products. Clients include both active and passive fund managers, consultants, asset owners, sell-side firms and financial data vendors. FTSE’s products are used by market participants worldwide for investment analysis, performance measurement, asset allocation and hedging.

Pension fund A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...

s, asset managers, ETF providers and investment banks work with FTSE to benchmark their investment performance and use FTSE’s indices to create ETFs, index tracking funds, structured products and index derivatives. FTSE also provides many exchanges around the world with their domestic indices. Fees from the use of index information and associated services generate revenues necessary to continue operations. FTSE has offices in London, New York City, Paris, Frankfurt, Madrid, Milan, San Francisco,

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

, Tokyo, Hong Kong and Toronto.

Products

FTSE Group operates the well known

and

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

as well as over 200,000 other indices, including 600 real-time indices. There are seven main groups of indices: Global Equity, Regional and Partner,

Fixed Income Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the prin ...

, Real Estate, Alternative Investment, Responsible Investment, and Investment Strategy.

Other indices

* FTSE 350 Index * FTSE All-Share Index * FTSE SmallCap Index * FTSE4Good Index * FTSE AIM UK 50 Index * FTSE AIM 100 Index * FTSE AIM All-Share Index * FTSE MIB

Footnotes

References

External links

Official site
{{authority control London Stock Exchange Group Financial services companies based in the City of London Privately held companies of the United Kingdom Financial services companies established in 1995 British companies established in 1995 *