• Thu. Apr 15th, 2021

S&P Dow Jones Indices Announces the Reconstitution of S&P BSE Indices

BySTLNEWS

May 8, 2020 ,
S&P Dow Jones Indices Announces the Reconstitution of S&P BSE Indices

MUMBAI (STL.News) Asia Index Private Limited announces monthly reconstitution results for the S&P BSE SME IPO and S&P BSE IPO indices.  The reconstitution will be effective at the open of Monday, May 18, 2020.

Please note there is no change for the S&P BSE IPO Index.

About ASIA INDEX PRIVATE LIMITED

Asia Index Pvt. Ltd is a 50-50 partnership between S&P Dow Jones Indices LLC, the world’s largest provider of financial market indices, and BSE Ltd, Asia’s oldest stock exchange and home to the iconic SENSEX index – a leading indicator of Indian equity market performance.  Asia Index Pvt. Ltd, which combines the benchmarks, market intelligence, and insights of both parent companies, each established more than 115 years ago, aims to provide a full array of indices enabling global and domestic investors to participate in South Asia’s vibrant economies.  The Company is best known for calculating, publishing, and maintaining a diverse family of Asian indices under the umbrella brand, S&P BSE Indices.

About BSE Ltd

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds.  BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market.  BSE is a incorporated and demutualised entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner.  BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.  BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful.  BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure.  BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds & Turmeric.

BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education.  It has a global reach with customers around the world and a nation-wide presence.  BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.

Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counter-party to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed.  BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country.  Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.

BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of Finance, Government of India.  BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.

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