FTSE Group launches FTSE US Total Market Index Series

FTSE Group, (“FTSE”),  announces the launch of the FTSE US Total Market Index Series (FTSE US TMI Series), a comprehensive domestic index series which aims to provide US and international investors with the most broad-based representation of the US equity market. ..

Originally designed as a sector-customized index for one of the largest public pension plans in the US, the index series was expanded to include all industry sectors represented in the widely-used and definitive global classification standard – the Industry Classification Benchmark (ICB). The FTSE US TMI Series reflects the most complete and broadest universe of US equity issues and can be seamlessly integrated with the FTSE Global Equity Index Series (FTSE GEIS) to provide a complete market cap weighted index solution for global benchmarking.

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of a new set of ex Financials and ex Banks indices for Europe and the Euro zone. The new indices exclude all companies which are part of the Industry Classification Benchmark's (ICB) industry Financials or the supersector Banks, respectively.