STOXX Announces Results Of Annual Emerging And Developed Markets Classification Review

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the results of the annual Emerging and Developed Markets Country Classification review.

As of September 18, 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: https://www.stoxx.com/country-classification.

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 cap, 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).

Please visit www.stoxx.com for further information.