NEW YORK, Sept. 11, 2014 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI), one of the world's largest providers of financial market indices, today announced the launch of forward and currency versions of the Dow Jones Commodity Index (DJCI).

The forward indices measure the index components based on First Nearby Contract Expirations that would be included in the Index on the specified forward dates. The currency indices are offered for eight currencies: Australian dollars, British pounds, Canadian dollars, euros, Japanese yen, Singapore dollars, Swiss francs, and U.S. dollars, with hedged and unhedged versions for each currency. Unhedged versions of the Index represent the value of the index translated into the specific currency. The currency hedged versions measure the performance of the index components based on the specific non-U.S. dollar currency, but with minimal exchange rate risk.

"Forward and currency versions of the DJCI family allow market participants the opportunity to specialize their investment strategies based on a specific currency or position on the forward curve," says Jodie Gunzberg, Global Head of Commodities at S&P Dow Jones Indices.  "We are committed to expanding the DJCI family to meet the market's need for a highly liquid, transparent and diversified commodity index family."

For more information about S&P Dow Jones Indices, please visit: www.spdji.com

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.   

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SOURCE S&P Dow Jones Indices