The > BSE and the S&P Dow Jones indices are now partners. Every index on the BSE, including the BSE Sensex, BSE 200 and BSE 100 will be co-branded ‘S&P’.
S&P Dow Jones Indices is a global leader in providing investable and benchmark indices to the financial markets.
With this, S&P can now calculate, disseminate and licence the whole suite of BSE’s indices.
India now becomes S&P Dow Jones Indices’ fourth major operational hub to support clients globally, after Hong Kong, London and New York.
“We expect our partnership with S&P Dow Jones Indices will help BSE to raise the growing global acceptance of the Sensex and other BSE index benchmarks, and to help BSE achieve a leadership position in the index derivatives space,” said Ashish Chauhan, MD and CEO of BSE.
“This partnership fortifies and expands BSE and S&P Dow Jones Indices’ presence in India and in South Asia, while providing a springboard for our efforts in the ASEAN region with an important exchange partner that understands this critical segment of the market,” said Alexander Matturri, Chief Executive Officer of S&P Dow Jones Indices.
> raghavendrarao.k@thehindu.co.in
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.