Press Releases
NEW YORK, June 10, 2016 /PRNewswire/ -- S&P Dow Jones Indices (SPDJI) announces that common equities listed on Bats BZX, Bats BYX, Bats EDGA, and Bats EDGX exchanges will be eligible for inclusion in S&P Total Market Index (S&P TMI), S&P Global Broad Market Index (S&P BMI), Dow Jones Global Index (DJGI) and Dow Jones Total Stock Market Index (DJTSM) effective after the close of trading on June 17, 2016.
Additionally, SPDJI announces that U.S. Indices contribution to sector balance maintenance will be measured by a comparison of each GICS sector's weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range. Previously, the U.S. Indices methodology did not specify S&P TMI as the comparison benchmark.
The following table details these changes:
Index |
Effective Date |
Change |
S&P TMI, S&P BMI, DJTSM, DJGI |
June 17, 2016 |
Securities listed on Bats BZX, Bats BYX, Bats EDGA, and Bats EDGX exchanges will be eligible for inclusion |
S&P TMI |
June 17, 2016 |
Contribution to sector balance maintenance will be measured by a comparison of each GICS sector's weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices