RIXML adopts GICS classification

RIXML adopts GICS classification

RIXML.org, the industry group which is aiming to develop an online broker research standard, has adopted the Global Industry Classification Standard (GICS), developed jointly by MSCI and Standard & Poor's.

RIXML recently published version 1.0 of its proposed specification for the tagging and delivery of investment research. The consortium has now confirmed that GICS will be utilised within the RIXML standard for classifying and retrieving research by industry classification.

The GICS classification groups companies at four different levels - sectors, industry groups, industries and sub-industries.

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