MVIS launches the BlueStar Global E-Brokers and Digital Capital Markets Index
FRANKFURT, Germany – (COMMERCIAL THREAD) – MV Index Solutions GmbH (MVIS®) today announced the launch of the BlueStar Global E-Brokers and Digital Capital Markets Index (ticker: BBIDS).
The BlueStar Global E-Brokers and Digital Capital Markets Index (ticker: BBIDS) is a global index that tracks the performance of the online securities brokerage and lending, market making and digital capital markets sectors. This includes businesses where at least 50% of their income or operating activity is derived from the following: Brokerage or online trading platforms – including self-managed wealth management platforms and robo-advisers, platforms loan providers who also offer online brokerage services, market making, or digital asset / capital markets portfolio management activities.
“Today, we are excited to announce the launch of our Global Online Brokers and Digital Capital Markets Index. This index represents companies at the forefront of the digitization and transformation of global financial markets. Just as e-commerce and online gaming have transformed the retail and media industries, online trading of securities and digital assets is facilitating greater involvement of younger generations and gaining ground among generations. older investors. We believe that brokers and digital asset companies that have an online product first strategy can capture more market share as these younger generations grow in wealth and importance in the global economy. Said Josh Kaplan, global head of research and investment strategy at MV. Index solutions.
The BlueStar Global E-Brokers and Digital Capital Markets Index (ticker: BBIDS) is weighted by free float market capitalization and is calculated in USD as an index of price, gross total return and net total return. The index is revised every six months. Detailed index information, including methodological details and index data, are available on the MV Index Solutions website.
Main characteristics of the index
BlueStar Global E-Brokers and Digital Capital Markets Index (symbol: BBIDS)
Number of components: 26
Reference date: December 31, 2019
Base value: 100
Note to editors:
About MV Index Solutions – www.mvis-indices.com
MV Index Solutions (MVIS®) develops, monitors and authorizes the MVIS Indices and BlueStar Indices, a selection of targeted, investable and diversified benchmarks. Indices are specially designed to underpin financial products. MVIS indices cover multiple asset classes including stocks, fixed income markets and digital assets, and are licensed to serve as underlying indices for financial products. Approximately $ 30.29 billion in assets under management (as of August 23, 2021) are currently invested in financial products based on the MVIS / BlueStar indices. MVIS is a VanEck company.