FTSE Group
From Wikipedia, the free encyclopedia
FTSE Group ("Footsie") is a British provider of stock market indices and associated data services. FTSE operates the well known FTSE 100 Index and FTSE 250 Index as well as over 60,000 other indices, including 600 real-time indices. There are currently six main groups of indices: Global Equity, Regional and Partner, Fixed Income, Alternative Investment, Responsible Investment and Governance, and Non-Market Cap Weighted. Fees from the use of index information and associated services generate the revenues necessary to continue operations. FTSE has offices in London, New York, Paris, Frankfurt, Madrid, San Francisco, Beijing, Tokyo, and Hong Kong.
The FTSE was created in 1962 as the FTSE All Share-Index. The letters F-T-S-E are no longer an abbreviation although they represent that FTSE is a joint venture between the Financial Times (F-T) and London Stock Exchange (S-E). In 1982 the FTSE 100 was introduced, representing about 80 percent of the London Stock Exchange's value. In 1995 FTSE Group was made an independent company. The first of several overseas offices was opened in New York City in 1999, Paris in early 2000, and Hong Kong, Frankfurt, and San Francisco in 2001. Madrid was opened 2002, and Tokyo in 2003.
