STOXX Limited, a global index provider and creator of the leading European equity indices, today announced that it has been named "Most Innovative Index Provider". The award was presented at the ETF Express 2010 Awards Lunch hosted by ETF Express. Award winners were selected based on votes cast by the readers of ETF Express. The newsletter's readership consists of users of indices and exchange-traded funds (ETFs).
"Winning this award shows us that the market acknowledges STOXX's dedication to the development of innovative and superior index concepts, which ultimately led to our success as Europe's leading index provider," said Hartmut Graf, chief executive officer, STOXX Ltd. "As the ETF market continues to grow, so does the demand for sophisticated, rules-based and transparent indices. STOXX indices offer all that - and we will now expand our European success story on a global level and across all asset classes."
There are currently 213 exchange-traded funds based on STOXX Indices, including the flagship EURO STOXX 50, STOXX Europe 600, STOXX Europe 600 Supersector and STOXX Select Dividend indices.
For further information on the STOXX Indices, please visit www.stoxx.com.