STOXX Limited has been named “Most Innovative Index Provider” by ETF Express for the second consecutive year.
Award winners were chosen based on votes cast by readers of ETF Express. The newsletter’s readership consists of index and exchange-traded fund (ETF) users.
“Being named the most innovative index provider for a second year in a row is a great honor,” says Hartmut Graf (pictured), chief executive officer, STOXX Ltd. “This award by ETF Express acknowledges our efforts in providing market participants with reliable, innovative and state-of-the-art indices. We are dedicated to introducing thorough and reliable index concepts as STOXX continues to expand its global presence.”
There are currently 294 ETFs based on STOXX, DAX and SMI indices, including the flagship EURO STOXX 50, STOXX Europe 600 Supersector and STOXX Select Dividend indices. As of July 2010, STOXX is the marketing agent for the indices of Deutsche Boerse AG and SIX Group AG.
Recent index launches by STOXX include the STOXX Global Index family of more than 1,200 indices, as well as the STOXX Europe Islamic Indices, STOXX Christian Indices and EURO STOXX 50 Monthly Leverage and EURO STOXX 50 Monthly Double Short Indices. The STOXX European Christian Index, EURO STOXX 50 Monthly Leverage and EURO STOXX 50 Monthly Double Short Indices also serve as the basis of ETFs.