Stock exchange group Bats Europe has today launched a series of UK-focused benchmark index series in which it is hoping to attract business away from the FTSE 100.
The new index will be free of charge to retail investors.
Bats, which joined theWilshire 5000 Total Market IndexSM in May, has launched 18 different indices covering large to small cap securities and 12 industry sectors. The indices were developed in consultation with investors and index users and are aimed at offering a robust and trustworthy alternative to incumbent providers.
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