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|logo_size = 200px
|logo_size = 200px
|type = [[Subsidiary]]
|type = [[Subsidiary]]
|foundation = {{start date |1995}}
|foundation = 1995
|location = [[10 Upper Bank Street]]<br>[[London]], [[England]], [[United Kingdom|UK]]
|founder = [[London Stock Exchange Group]]<br>[[Pearson plc|Pearson]]
|location = [[10 Upper Bank Street]]<br>[[London]], England
|key_people = Arne Staal ([[Chief executive officer|CEO]])
|key_people = Arne Staal ([[Chief executive officer|CEO]])
|num_employees =
|num_employees =
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|products = [[Index (economics)|Financial indices]]
|products = [[Index (economics)|Financial indices]]
|parent = [[London Stock Exchange Group]]
|parent = [[London Stock Exchange Group]]
|homepage = {{url|ftserussell.com}}
|homepage = {{URL|ftserussell.com}}
}}
}}
'''FTSE International Limited''' trading as [[FTSE Russell]]{{refn|Shared the trading name with sister company [[Frank Russell Company]]|group=nb}} ({{IPAc-en|ˈ|f|ʊ|t|s|i}}) is a British provider of [[stock market index|stock market indices]] and associated data services, wholly owned by the [[London Stock Exchange]] (LSE) and operating from premises in [[Canary Wharf]].<ref>[http://www.londonstockexchange.com/traders-and-brokers/private-investors/private-investors/stock-markets/ftse/ftse.htm FTSE - London Stock Exchange]</ref> It operates the well known UK [[FTSE 100 Index]] as well as a number of other indices.<ref>{{Citation|last=London Stock Exchange |title=Interim Report: Six months ended 30 September 2007 |year=2007 |url=http://www.londonstockexchange-ir.com/lse/finperformance/reports/results/ir07/ir07.pdf |url-status=dead |archive-url=https://web.archive.org/web/20080827160252/http://www.londonstockexchange-ir.com/lse/finperformance/reports/results/ir07/ir07.pdf |archive-date=2008-08-27 }}</ref> FTSE stands for Financial Times Stock Exchange.
'''FTSE International Limited''' trading as [[FTSE Russell]]{{refn|Shared the trading name with sister company [[Frank Russell Company]]|group=nb}} ({{IPAc-en|ˈ|f|ʊ|t|s|i}} "Footsie") is a British provider of [[stock market index|stock market indices]] and associated data services, wholly owned by the [[London Stock Exchange]] (LSE) and operating from premises in [[Canary Wharf]].<ref>{{Cite web |url=http://www.londonstockexchange.com/traders-and-brokers/private-investors/private-investors/stock-markets/ftse/ftse.htm |title=FTSE London Stock Exchange |access-date=2013-04-03 |archive-date=2018-10-11 |archive-url=https://web.archive.org/web/20181011135823/https://www.londonstockexchange.com/traders-and-brokers/private-investors/private-investors/stock-markets/ftse/ftse.htm |url-status=dead }}</ref> It operates the well known UK [[FTSE 100 Index]] as well as a number of other indices.<ref>{{Citation|last=London Stock Exchange |title=Interim Report: Six months ended 30 September 2007 |year=2007 |url=http://www.londonstockexchange-ir.com/lse/finperformance/reports/results/ir07/ir07.pdf |url-status=dead |archive-url=https://web.archive.org/web/20080827160252/http://www.londonstockexchange-ir.com/lse/finperformance/reports/results/ir07/ir07.pdf |archive-date=2008-08-27 }}</ref> FTSE stands for '''Financial Times Stock Exchange'''.


==History==
==History==
The FTSE Group was created in 1995 by [[Pearson PLC|Pearson]] (former parent of the ''[[Financial Times]]'') and the [[London Stock Exchange Group]].
The FTSE Group was created in 1995 by [[Pearson plc|Pearson]] (former parent of the ''[[Financial Times]]'') and the [[London Stock Exchange Group]].


In 2005, together with Dow Jones, FTSE launched the [[Industry Classification Benchmark]], a taxonomy used to segregate markets into sectors.
In 2010, the joint venture with [[Xinhua Holdings|Xinhua Finance]] was terminated,<ref>2010 Annual Report of FTSE International Limited in [[Companies House]]</ref> the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited".


In 2010, the joint venture with [[Xinhua Holdings|Xinhua Finance]] was terminated,<ref>[https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/nRyPunwwXcZugvJpwldVdTEyRAgehRM6ZDiuFVTFWLc/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3IOFHMH5W%2F20230316%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20230316T214031Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEFMaCWV1LXdlc3QtMiJGMEQCIBs08FijrqlsZ7efLqEOmQ7tDpMJqkevW7IaziuSANsfAiAGD7SnhvY8yajeHnkF1N2%2BYoaGlF1uytcFPR0TrQCcgCq7BQgcEAQaDDQ0OTIyOTAzMjgyMiIMFH6eg4lFz6QXJwfEKpgFmJ4NCJIBlhpapZ1oPxEc%2BaudV%2BrHwcvcGXH5GljdHfLL0VyiaaoTYqtivRDNx6dVI5mjCFxVi42OlmASy9t%2F7u3Qrx90X5vmXCOBMY%2FmO4LaGzuItXUvQdZLD3UZ35ToWlYfGqVI3vZjIGuFhbu%2BxX0FewFq5tUtjKs2f4LEZPEE78gtr1YHIjXhTU2%2FAo5Q90lj4liHO8ESxTDse3DWfxONI6C1lVy4%2Fs9jWORaYF9AiM%2F2lMeu1ZAnkw5lpyc04GIhxE03NXqbVBVm7EKur5Om9n%2BX1dvdX4GludOI8tyzGzUHyz5Ptjyei0XvnCx6v93ZwEoQdmKBnWlNpNbtmFLZ%2BH53156gd%2Fq5AxAlypZ%2FM1cscTFoBPYnMBra0iKu%2BgTjuYgk5vLy%2BK6HiLRGMBf6dUo0AIvmurtIbopRDwlnySp3G8OfixD4vIFmjhDdPJ94YXa3yf5iuoAdeZEv821nmIKN6pBJ7MoI%2B2uIYpHwTLxhBigHp1p1O6PvPqVKmTU5n6WP1y6R%2BBHeYWOfrGJCFmocfEdqjEchs27pRFUG4ef0y5rd9bC164qtOLY8k0m8QyVynjoeJnzB05Jc3bC7RSiXhg2qBuqpgMUUkN1Mm7e73tm%2Bh9YCyTNxW13i0vCRCiQhDNKqtF2cPMcZy5G1rd0bJVSDysjd0Dj1ysuMvY0EAoCOiaJh7mX0EcRaAE%2FY6R6OrI4Yy6fRFkSqOJSusWQHLlxSSbasINwa0nXJe%2FOKknKIJhB9S5p2SJSNo%2FL21oGzbvnWWsWCdLWdOKHo8UVzDEZUHohc%2FhQuQhSwwSQ054DjanUFSu08e6cF2UPxfqL4MebedQWagemVO3fLqIjB8NQ7283yYMNlmPAqPx2TfuCA3jCny82gBjqyASQ0QSAnAkeuBpBFfv3RJeoK2spVaWEWp33L0aXlXy7NPh5ZQtRbI1XXuIZcyoX9dDUWKmBzK70WayhwS2BgzLrJddBt0QBdY%2FBZ1mcg1%2Bafvwqrc57tc87xNlvPvOwKYxI1D7IOF%2FFGmAI%2Ben%2FfPsxjTcoZKIPD3nC%2Fr7tasKj13CB4p1irxa%2BsetMYvPoc47%2FxxMB4dYeAjtvCMUTpDsZX9fouf%2B1yJpa9EcMv1iRmlFo%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=da4a218d4899968a04cde1bf8c62fd3ed7c1e793b15f75f49c6147454c611a16 2010 Annual Report] FTSE International Limited</ref> the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited".
In 2011, Pearson sold its stake to LSE.<ref>{{Cite news | issn = 0261-3077 | last = Halliday | first = Josh | title = Pearson to sell FTSE stake for £450m | work = The Guardian | access-date = 2014-07-25 | date = 2011-12-12 | url = https://www.theguardian.com/media/2011/dec/12/pearson-to-sell-ftse-stake-450m }}</ref><ref>{{Citation |last = London Stock Exchange |title = Annual Report 2014 ended at March |year = 2014}}</ref>

In 2011, Pearson sold its stake to LSE.<ref>{{Cite news | issn = 0261-3077 | last = Halliday | first = Josh | title = Pearson to sell FTSE stake for £450m | work = [[The Guardian]] | access-date = 2014-07-25 | date = 2011-12-12 | url = https://www.theguardian.com/media/2011/dec/12/pearson-to-sell-ftse-stake-450m }}</ref><ref>{{Citation |last = London Stock Exchange |title = Annual Report 2014 ended at March |year = 2014}}</ref>


==Main business==
==Main business==
FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent from licensing for index-based products.
FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent from licensing for index-based products.


Clients include both active and passive fund managers, consultants, asset owners, sell-side firms and [[financial data vendors]]. FTSE’s products are used by market participants worldwide for investment analysis, performance measurement, asset allocation and hedging. [[Pension fund]]s, asset managers, ETF providers and investment banks work with FTSE to benchmark their investment performance and use FTSE’s indices to create ETFs, index tracking funds, structured products and index derivatives. FTSE also provides many exchanges around the world with their domestic indices.
Clients include both active and passive fund managers, consultants, asset owners, sell-side firms and [[financial data vendors]]. FTSE's products are used by market participants worldwide for investment analysis, performance measurement, asset allocation and hedging. [[Pension fund]]s, asset managers, ETF providers and investment banks work with FTSE to benchmark their investment performance and use FTSE's indices to create ETFs, index tracking funds, structured products and index derivatives. FTSE also provides many exchanges around the world with their domestic indices.


Fees from the use of index information and associated services generate revenues necessary to continue operations. FTSE has offices in [[London]], [[New York City]], [[Paris]], [[Frankfurt]], [[Madrid]], [[Milan]], [[San Francisco]], [[Beijing]], [[Sydney]], [[Tokyo]], [[Hong Kong]] and [[Toronto]].
Fees from the use of index information and associated services generate revenues necessary to continue operations. FTSE has offices in [[London]], [[New York City]], [[Paris]], [[Frankfurt]], [[Madrid]], [[Milan]], [[San Francisco]], [[Beijing]], [[Sydney]], [[Tokyo]], [[Hong Kong]] and [[Toronto]].


==Products==
==Products==
FTSE Group operates the well known [[FTSE 100 Index]] and [[FTSE 250 Index]] as well as over 200,000 other indices, including 600 real-time indices. There are seven main groups of indices: [[FTSE Global Equity Index Series|Global Equity]], Regional and Partner, [[Fixed income|Fixed Income]], [[Real estate|Real Estate]], Alternative Investment, Responsible Investment, and [[Investment strategy|Investment Strategy]].
FTSE Group operates the well known [[FTSE 100 Index]] and [[FTSE 250 Index]] as well as over 200,000 other indices, including 600 real-time indices.


===Other indices===
===Other indices===
{{maincat|FTSE Group stock market indices}}
{{maincat|FTSE Group stock market indices}}
* [[FTSE Global Equity Index Series]]: series of various global stock indices
* [[FTSE 350 Index]]
* [[FTSE 350 Index]]
* [[FTSE All-Share Index]]
* [[FTSE All-Share Index]]

Latest revision as of 22:18, 16 August 2023

FTSE
Company typeSubsidiary
IndustryFinance
Founded1995
FounderLondon Stock Exchange Group
Pearson
Headquarters10 Upper Bank Street
London, England
Key people
Arne Staal (CEO)
ProductsFinancial indices
ParentLondon Stock Exchange Group
Websiteftserussell.com

FTSE International Limited trading as FTSE Russell[nb 1] (/ˈfʊtsi/ "Footsie") is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf.[1] It operates the well known UK FTSE 100 Index as well as a number of other indices.[2] FTSE stands for Financial Times Stock Exchange.

History

[edit]

The FTSE Group was created in 1995 by Pearson (former parent of the Financial Times) and the London Stock Exchange Group.

In 2005, together with Dow Jones, FTSE launched the Industry Classification Benchmark, a taxonomy used to segregate markets into sectors.

In 2010, the joint venture with Xinhua Finance was terminated,[3] the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited".

In 2011, Pearson sold its stake to LSE.[4][5]

Main business

[edit]

FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent from licensing for index-based products.

Clients include both active and passive fund managers, consultants, asset owners, sell-side firms and financial data vendors. FTSE's products are used by market participants worldwide for investment analysis, performance measurement, asset allocation and hedging. Pension funds, asset managers, ETF providers and investment banks work with FTSE to benchmark their investment performance and use FTSE's indices to create ETFs, index tracking funds, structured products and index derivatives. FTSE also provides many exchanges around the world with their domestic indices.

Fees from the use of index information and associated services generate revenues necessary to continue operations. FTSE has offices in London, New York City, Paris, Frankfurt, Madrid, Milan, San Francisco, Beijing, Sydney, Tokyo, Hong Kong and Toronto.

Products

[edit]

FTSE Group operates the well known FTSE 100 Index and FTSE 250 Index as well as over 200,000 other indices, including 600 real-time indices.

Other indices

[edit]

See also

[edit]

Footnotes

[edit]
  1. ^ Shared the trading name with sister company Frank Russell Company

References

[edit]
  1. ^ "FTSE – London Stock Exchange". Archived from the original on 2018-10-11. Retrieved 2013-04-03.
  2. ^ London Stock Exchange (2007), Interim Report: Six months ended 30 September 2007 (PDF), archived from the original (PDF) on 2008-08-27
  3. ^ 2010 Annual Report FTSE International Limited
  4. ^ Halliday, Josh (2011-12-12). "Pearson to sell FTSE stake for £450m". The Guardian. ISSN 0261-3077. Retrieved 2014-07-25.
  5. ^ London Stock Exchange (2014), Annual Report 2014 ended at March
[edit]