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STOXX Limited, the market-moving provider of innovative, substantial and global index concepts, today announced that it has been named “The Most Innovative ETF Index Provider Europe 2011”. This is the third consecutive year that STOXX has received this award. The award was presented at the 8th Annual ETF Global Awards Dinner and Workshop hosted by Exchangetradedfunds.com in New York. Award winners were determined by special voting forms which were returned from over 480 organizations worldwide. The results are a representation of the views of the industry.
“Winning the award for most innovative index provider for the third consecutive year is a great honor, and acknowledges our dedication to develop state of the art index concepts,” said Hartmut Graf, chief executive officer, STOXX Limited. “Our most recent, innovative index launches include the STOXX Emerging Markets Indices, based on the transparent STOXX market classification model which is the first of its kind to offer market participants a completely rules based and transparent classification for Developed and Emerging Markets in five comprehensible steps.”
There are currently 288 ETFs based on STOXX, DAX and SMI indices, including the flagship EURO STOXX 50, STOXX Europe 600 Supersector and STOXX Select Dividend indices. Three of them also won awards at this year’s ETF Global Awards Dinner and Workshop: the db x-trackers EURO STOXX 50 ETF won the award for “Most efficient ETF TER (Europe)”, while the iShares DAX ETF won “Most liquid ETF (Europe)” and the iShares DAX ETF was awarded “Most assets gained in absolute terms (Europe)”.
As of July 2010, STOXX is the marketing agent for the indices of Deutsche Boerse AG and SIX Group AG.
Recent index launches by STOXX include the STOXX Emerging and Developed Markets Indices, as well as the STOXX Europe 600 DVP (Dividend Points), STOXX Europe 600 Supersector DVP, EURO STOXX Supersector DVPs and the STOXX Global Rare Earth Index.
