FRANKFURT, Germany--(BUSINESS WIRE)--MV Index Solutions GmbH (MVIS®) today announced the launch of the BlueStar E-Brokers & Trading Platforms Index (ticker: BEBKR), an index of globally-listed stocks of companies that derive 50% of revenue or operating activity from online brokerage or market making activities, digital asset portfolio management or capital market activities.
“Global capital markets structure has been undergoing a massive transformation over the last decades driven mostly by digitization and the internet. But only in recent years have we seen major strides in the democratization of public securities and digital asset markets with wider availability of financial data, falling commissions, fractional share ownership, and robo-advisors. The BlueStar E-Brokers and Trading Platforms Index is a first-of-its-kind index that provides pure-play exposure to the companies that are leading or facilitating these trends and we are excited to announce its launch today”, said Josh Kaplan, Global Head of Research & Investment Strategy at MV Index Solutions.
The BlueStar E-Brokers & Trading Platforms Index (ticker: BEBKR) is weighted by free-float market capitalisation and is calculated in USD as a price and a total return net index. The index is reviewed on a semi-annual basis. Detailed information about the indices, including methodology details and index data are available on the MV Index Solutions website.
Key Index Features
Number of Components: 15
Base Date: 29 December 2017
Base Value: 100
Note to Editors:
About MV Index Solutions - www.mvis-indices.com
MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS Indices and BlueStar Indexes, a selection of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets and are licensed to serve as underlying indices for financial products. Approximately USD 27.17 billion in assets under management (as of 8 March 2021) are currently invested in financial products based on MVIS/BlueStar Indices. MVIS is a VanEck company.