-First foreign company to oversee the calculation and administration
of CSI indices-
NEW YORK--(BUSINESS WIRE)--Feb. 8, 2012--
NYSE Euronext (NYX) today announced that it has agreed with China
Securities Index Co., (CSI) to manage the calculation of three of CSI’s
indices: Overseas China Internet Index, Overseas China Consumer
Discretionary Index and Overseas China Consumer Staples Index.
Leveraging NYSE Euronext’s operational and listed products expertise,
this new initiative represents a significant milestone for the global
index services of NYSE Euronext to further expand its index offerings in
the Asian region meeting the growing demand to track the performance in
Chinese companies.
CSI, the first Chinese index customer, will use the global index
services of NYSE Euronext for the maintenance, calculation and
distribution of its index values and data for the Overseas China
Internet Index, Overseas China Consumer Discretionary Index and Overseas
China Consumer Staples Index. Through these three indices market
participants can track a portfolio of stocks covering varying sectors of
the Chinese economy using the real-time calculation and dissemination
services provided by NYSE Euronext. Furthermore, Exchange Traded
Products that track these indices are anticipated to list and trade on
NYSE Arca, NYSE Euronext’s all-electronic US trading platform.
“Having CSI, one of China’s leading index providers, select NYSE
Euronext’s Global Index Group as their index provider of choice is a
testament to the growing momentum of our value in the indexing space,”
said, George Patterson, Managing Director, Global Index Group. “This
new relationship further underscores NYSE Euronext’s commitment to
expand our index services to Asian markets and other key regions around
the globe.”
For the methodologies for calculation of the Overseas China Internet
Index, Overseas China Consumer Discretionary Index and Overseas China
Consumer Staples Index, as well as more information on the indices,
please visit the CSI website: http://www.csindex.com.cn/sseportal_en/csiportal/zs/indexreport.do?type=1
About CSI (China Securities Index Co., Ltd):
As a joint venture between the Shanghai Stock Exchanges and the Shenzhen
Stock Exchange, the China Securities Index Company Limited (CSI) is a
professional business entity specializing in the creation and management
of indices and index-related services. The Board of Shareholders
exercises the highest authority; the Board of Directors consists of 7
directors and 2 supervisors. CSI is dedicated to serving the capital
market and promoting financial innovation relying on the information and
technical advantages of the two exchanges. Focusing on the series of CSI
indices, exchange indices and customized indices, CSI aims to become the
leading index provider in China.
Background on NYSE Euronext’s Global Index
Group:
With a collective portfolio of over 300 benchmark indices, NYSE Euronext
is a leading provider of indices. NYSE Euronext develops proprietary
indices to provide investors and issuers with benchmarks that measure
performance of key segments of the world economy. NYSE Euronext indices
are available to be licensed as the basis for tradable products,
including Exchange-Traded Funds (ETFs), to be launched in the future.
For more information on NYSE Euronext index services please visit: https://indices.nyx.com/
NYSE Euronext®, AEX®, AEX-Index®, BEL 20®, CAC®, CAC 40®, CAC Next20®,
PSI 20®, NYSE®, NYSE U.S. 100 Index®, NYSE Arca®, NYSE Current 30 Year
US Treasury Index TM, NYSE 20 Year Plus Treasury Bond IndexTM,
Amex®, Intellidex® and StrataQuant® are registered trademarks of NYSE
Group, Inc., Euronext N.V. or its subsidiaries.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets
and provider of innovative trading technologies. The company's exchanges
in Europe and the United States trade equities, futures, options,
fixed-income and exchange-traded products. With approximately 8,000
listed issues (excluding European Structured Products), NYSE Euronext's
equities markets – the New York Stock Exchange, NYSE Euronext, NYSE
Amex, NYSE Alternext and NYSE Arca – represent one-third of the world's
equities trading, the most liquidity of any global exchange group. NYSE
Euronext also operates NYSE Liffe, one of the leading European
derivatives businesses and the world's second-largest derivatives
business by value of trading. The company offers comprehensive
commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P 500
index, and is the only exchange operator in the Fortune 500. For more
information, please visit: http://www.nyx.com.
Source: NYSE Euronext
NYSE Euronext
Katrina Clay, 212-656-2017
kclay@nyx.com
