STOXX Announces Results Of Annual Emerging And Developed Markets Classification Review

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the results of the regular annual review of the STOXX Emerging and Developed Markets Country Classification. All changes will become effective with the open of markets on Sept. 22, 2014.

The classification of emerging and developed markets in the STOXX index universe remains unchanged. Currently, out of the 65 countries in the STOXX index universe, 25 are classified as developed markets, and 20 are classified as emerging markets. A full list of countries including their classification can be found under the dedicated country classification section of the STOXX website:http://www.stoxx.com/indices/country_classification.html.

The STOXX market classification model relies on a completely rules-based and transparent methodology, and is the first such concept to exclude any subjective decisions from the process. The five criteria for the classification of a country as a developed marked include macroeconomic data, market capitalization, market liquidity, free currency convertibility on onshore and offshore markets, and restrictions on capital flows. The data source for the diverse criteria are highly renowned and independent global organizations (i.e. International Monetary Fund, World Bank, and PricewaterhouseCoopers).

For more information, please visit www.stoxx.com.