"As industry leaders, the NYSE and Dow Jones are ideal organizations to create and calculate these benchmark indexes," said Catherine Kinney, NYSE president and co-chief operating officer. "Dow Jones' vast experience means NYSE indexes are being managed by the best in the business."
"Dow Jones & Co. has a strong history in the index calculation business dating back to the creation of the Dow Jones Averages. This new relationship with the New York Stock Exchange, the premier equity exchange in the world, allows us to continue to leverage our expertise of modern and innovative index calculation. ," said David E. Moran, president, Dow Jones Indexes. "NYSE's adoption of the Dow Jones Global Classification Standard to categorize its listed companies is a significant confirmation of the Dow Jones system."
The indexes will be maintained according to a transparent, rules-based methodology developed by the NYSE in consultation with Dow Jones. Additionally, the NYSE will adopt the Dow Jones Global Industry Classification Standard to categorize its listed companies. As a result, whenever listed companies are categorized by the NYSE it will be consistent with their NYSE Index sector categorization.
The Exchange is home to more than 2,800 companies whose total global market capitalization exceeds $16 trillion. NYSE-listed companies-including more than 460 non-US from 53 countries, range from "blue chip," to many of the world's leading technology companies, to young, high-growth enterprises.
Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans 50, the Pan-European Dow Jones STOXX Indexes, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans 30, the Dow Jones Global Indexes, the Dow Jones U.K. Titans 50, the Dow Jones Canada Titans 40, the Dow Jones Japan Titans 100, the Dow Jones Style Indexes, the Dow Jones Total Market Index Series, the Dow Jones REIT Indexes, the Dow Jones-AIG Commodity Index, the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes and the Dow Jones Sustainability Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.
