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STOXX rolls out a new multi-dimensional offering

Release date: 27 Mar 2018 | STOXX

STOXX rolls out a new multi-dimensional offering

Cutting-edge technology for white label indices for the broader market / New index brand Omnient based on STOXX universe and operational quality

STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, is rolling out a new multi-dimensional offering for high-speed solutions. Firstly, it is opening up its established index calculation service to the wider market to address growing demand. Secondly, it is launching a new index brand, Omnient – www.omnient.com, to offer custom indices based on its existing index universe.

Under the Omnient brand, STOXX will provide quality assurance and ensure operational reliability for the management of Omnient indices. STOXX will also serve as benchmark administrator for the respective regulations that apply to the development and dissemination of indices worldwide.

“STOXX has become a global house of leading brands in the indexing business over the last 20 years. In our 20th year, it is only fitting that we keep pursuing new goals in the service of the market and our clients while applying advanced technologies to indexing. Omnient addresses a clear need for solutions of low-to-medium complexity, differentiated from our premium brands. With Omnient, we will use our existing universe as building blocks and speed up the response to clients’ requests for these types of pre-defined solutions,” said Matteo Andreetto, CEO of STOXX.

STOXX also enhanced its capabilities in the white label space to offer clients fully customized concepts in their own brand at high speed. These solutions will be backed by STOXX and Deutsche Börse systems and infrastructure, with the client acting as administrator. Data setup (ISIN, WKN etc.) on data dissemination platforms will be part of the standard service.

 

About STOXX Limited

STOXX Ltd. is a global index provider, currently calculating a global, comprehensive index family of over 7,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets.

To provide market participants with optimal transparency, STOXX indices are classified into four categories. Regular “STOXX” indices include all standard, theme and strategy indices that are part of STOXX’s integrated index family and follow a strict rules-based methodology. The “iSTOXX” brand typically comprises less standardized index concepts that are not integrated in the STOXX Global index family, but are nevertheless strictly rules-based. While indices that are branded “STOXX” and “iSTOXX” are developed by STOXX for a broad range of market participants, the “STOXX Customized” brand covers indices that are specifically developed for clients and do not carry the STOXX brand in the index name. Under the Omnient brand, STOXX offers custom indices from its existing index universe.

STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. Three of the top ETFs in Europe and approximately 25% of all assets under management are based on STOXX indices. STOXX Ltd. holds Europe's number one and the world's number two position in the derivatives segment.

STOXX is part of Deutsche Boerse Group, and also calculates, disseminates and markets the DAX indices. www.stoxx.com

STOXX, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Boerse Group or their licensors, research partners or data providers.