Dj Stoxx 1800
What is STOXX?
- Apr 11, 2010 The DJ STOXX® Global Select Dividend 100 Index consists of 100 stocks covering the highest-yielding stocks in the Dow Jones STOXX® Global 1800 Index.
- Stoxx global 1800 and derived indices 36.2 1. Overview 36 7.2.2. Index review 36 7.2.3. Ongoing maintenance 38 size indices based on the stoxx global indices39.
- Get a complete List of all STOXX Global 1800 stocks. The values of #name# companies consists live prices and previous close price, as well as daily, 3-, 6- and 1-year performance, charts and many.
- Comprehensive information about the STOXX 600 index. More information is available in the different sections of the STOXX 600 page, such as: historical data, charts, technical analysis and others.
STOXX, a subsidiary of Deutsche-Borse Group (stock symbol:DBOEF), is a leading provider of market indexes that are representative of European and global markets.
Live Rates of Euro Stoxx Futures. Euro Stoxx Futures Live Chart, Intraday & Historical Chart. Euro Stoxx Futures Buy & Sell Signal and News & Videos, Euro Stoxx Futures Averages, Returns & Historical Data.
Key Takeaways
- STOXX, a subsidiary of Deutsche-Borse Group (stock symbol:DBOEF), is a leading provider of market indexes that are representative of European and global markets.
- The most popular STOXX index is the Euro Stoxx 50 index, Europe's leading blue chip index, covering 50 stocks from 11 eurozone countries.
- STOXX indices are used not only as the underlying instrument for financial products, such as ETFs, futures and options, and structured products, but also for risk and performance measurement.
Understanding STOXX
Indices provided by STOXX cover a wide range of equity market segments, including the broad market, blue chips, individual sectors, and global indexes. While global indexes are also included, the majority of STOXX indices place an emphasis on the European market.
The most popular such index is the Euro Stoxx 50 index, Europe's leading blue chip index, covering 50 stocks from 11 eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The Euro Stoxx 50 Index is licensed to financial institutions to serve as an underlying for a wide range of investments like futures, options, and exchange traded funds (ETF). Other popular indexes include the Stoxx Europe 600 and the Stoxx Global 1800.
The STOXX indices were created out of a joint venture between Dow Jones, Deutsche-Borse AG, and the SIX Group (formerly SWX Group) in 1997 and launched their first products in 1998. The Stoxx indexes have since become quite popular and are tradable on the futures and options market, and are also used as benchmarks for funds that trade in the European and global markets.
STOXX indices are licensed to more than 500 companies globally, which include the world’s largest financial products issuers, capital owners, and asset managers. STOXX indices are used not only as the underlying instrument for financial products, such as ETFs, futures and options, and structured products, but also for risk and performance measurement. In addition, STOXX Ltd. is the marketing agent for DAX indices in Germany and the SIX index in Switzerland. STOXX has benefited from the recent upswing in interest in passive investing of indexed funds, where several of their indexes are employed as the benchmarks to be replicated.
The Euro Stoxx 50 Index
The most popular of their many index offerings—and which may now be the most popular European stock market index overall—is the blue chip Euro Stoxx 50, which provides a way for investors to track and invest in the largest 50 countries in the eurozone. The components of the index are selected by ranking each company in the 19 Euro Stoxx 'Super-sector' indexes by free-float adjusted market capitalization.
The 40 largest companies that participate in these 19 indexes are automatically chosen as components of the Euro Stoxx 50 index, while the remaining 10 are selected by a committee from among the 41st to 60th ranked companies, with preference given to existing components in order to reduce turnover. The index is reviewed in September of each year, but there are criteria that can turn over components sooner, such as a bankruptcy, merger, or otherwise slipping from the ranks of the top 75 in terms of overall market capitalization.
Subsidiary | |
Industry | Financial services |
---|---|
Founded | 1997 |
Headquarters | Zug, Switzerland |
Key people | Steffen Hermanns (CEO ad interim as of October 1st 2018) [1] |
Services | stock market indices |
Parent | Deutsche Börse Group |
Website | www.stoxx.com |
STOXX Limited is a Swiss globally integrated index provider, covering the world markets across all asset classes – developing, maintaining, distributing and marketing a comprehensive global family of strictly rules-based and transparent indices. STOXX is part of Qontigo, which was created in 2019 through the combination of STOXX, DAX and Axioma. Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London. STOXX calculates more than 10,000 indices and in addition acts as the administrator for the DAXindices.
STOXX indices are licensed to financial institutions and other users for use with exchange-traded funds (ETFs), mutual funds, futures, options, structured products, and other purposes.
History[edit]
STOXX Limited was formed in 1997 and in 1998 the first STOXX indices were launched. In 2000 STOXX was the first index provider to implement free float market capitalization in all its indices. In December 2009 Deutsche Börse and SIX Group became sole shareholders of STOXX after Dow Jones exited the joint venture. Shortly after STOXX renamed all indices by removing the 'DJ/Dow Jones' prefix. In July 2010 STOXX became the marketing agent for Deutsche Börse and SIX Swiss Exchange indices.[2]
In 2015 Deutsche Börse purchased the remaining 49.9% shares of STOXX from SIX Group along with the remaining shares of the joint venture Indexium AG at a cost of 650m Swiss Francs.
Index Family[edit]
The STOXX Index family represents a wide range of stocks covering different market segments and different investment strategies. On a regional level the indices initially covered Europe, the Eurozone and Eastern Europe.
In 2011 STOXX expanded its index range by adding a consistent global index family for global regions and countries.
STOXX calculates and distributes the well known EURO STOXX 50, STOXX Europe 50, and STOXX Europe 600 indices, which are used as the underlying indices for numerous derivative financial instruments such as options, futures and index funds.
Since 2013 with its GC Pooling index family STOXX offers a completely rules based interbank rate benchmark based on secured euro lending transactions.[3][4] The European Central Bank (ECB) uses the STOXX GC Pooling Indices as new euro secured benchmarks.
In 2016, STOXX introduced its first fixed income index, the EURO STOXX 50 Corporate Bond Index. The index tracks the corporate debt of the EURO STOXX 50 companies.
In 2018 STOXX launched its ESG-screened versions of more than 40 benchmarks that meet the standard responsible-investing criteria of leading asset owners. The suite offers ESG-X versions of global, regional and emerging markets benchmarks, including ESG-X versions of the EURO STOXX 50® and the STOXX® Europe 600. The ESG-X indices incorporate standard norm- and product-based exclusions that aim to limit market and reputational risks while keeping a low tracking error and a similar risk-return profile to the respective benchmark.
References[edit]
Dj Stoxx 1800 2
- ^'Deutsche Börse Market Data + Services - Management'. www.mds.deutsche-boerse.com.
- ^STOXX. 'STOXX Digital - About us'. www.stoxx.com.
- ^STOXX. 'STOXX Digital - STOXX® GC Pooling Indices'. www.stoxx.com.
- ^'Benchmarking European repo markets'. Risk.net. 2014-03-04. Retrieved 2014-04-15.