20 February 2018
Visit www.avoka.com

FTSE launches 'super liquid' index series

27 November 2012  |  1302 views  |  0 Source: FTSE

FTSE Group ("FTSE"), the award winning global index provider, today announces the launch of the FTSE Super Liquid Index Series (SLQ), a broad family of real-time free float market capitalisation weighted indices designed to mimic the characteristics of key FTSE indices via a smaller, highly liquid universe of stocks.

FTSE Super Liquid indices incorporate a novel methodology to determine the index size and select the most liquid stocks from within each industry of the underlying index. The resulting basket exhibits reduced implementation, maintenance and replication costs, whilst retaining the industry weightings and performance characteristics of the parent index.

Peter Gunthorp, Managing Director, Research & Analytics, FTSE Group, said: "With the launch of the FTSE SLQ index series we are taking an innovative approach to creating index products by focusing on liquidity and diversification characteristics. The greater degree of liquidity is achieved by using two established liquidity measures; traded value and market impact, allowing investors to replicate an index in a cost-effective way. In addition, the indices are UCITS and CFTC compliant."

Sudir Raju, Managing Director, ETP Relationships, FTSE Group, said: "We are very excited about the new FTSE SLQ index family and the opportunities that it will bring to the market. We believe that the result of this design process will offer significant value and choice to large trading counterparties on both the buy and sell side of the markets."

The FTSE Super Liquid Index Series has been built to FTSE's renowned standards of index design, which emphasises transparency, independence, innovation and strong governance.

Eleven global, regional and single country indices are calculated in price, net and total return variations

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukvisit www.ebaday.comVisit www.vasco.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11707 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9330 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9161 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7877 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7247 views comments | 19 tweets | 18 linkedin

Featured job

Find your next job