06.24.2016

STOXX Limited Wins Best Index Provider Award in the US

06.24.2016

STOXX.com – ZURICH –  STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that it has won the Americas Structured Products & Derivatives Award 2016 created by Structured Retail Products (SRP), under the category Best Index Provider for the first time. The award was presented at a ceremony on Jun. 16, 2016 in Boston.

“This award signifies a great achievement for our indices as both customers and independent judges decided on the winner,” said Matteo Andreetto, chief executive officer, STOXX Limited. “This award does not only reflect our position as the leading provider of structured products underlyings globally, but also our commitment to cater to the needs of our clients in different core markets such as the US. The recently launched extension of the STOXX Select and STOXX Diversification Select index families demonstrates that STOXX continues to strengthen its position as a provider of structured product optimized indices.”

The STOXX Select and STOXX Diversification Select Indices are derived from STOXX benchmarks, measure the performance of companies with low volatility, high dividend yield, and – in case of the STOXX Diversification Select Indices – low correlations. The extension of the index families combines investment themes such as Low Carbon and ESG with those screens, thus creating hybrid index concepts. The STOXX Select and STOXX Diversification Select index families are specifically designed as liquid underlyings for financial products such as exchange traded-funds and structured products. The combination of the screens in the index methodology sets an attractive pricing framework especially for the latter.

The number of structured products based on STOXX indices rose to 93,767 in 2015, up 46.7% from 63,870 in 2014. The number of structured products based on STOXX and DAX Indices rose 49.8% to 616,638 in 2015, from 411,511 in 2014. STOXX is part of Deutsche Börse Group, and is the marketing agent of the DAX Indices since 2010.

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