Canadian Securities Exchange Launches the CSE Composite Index(TM)
Fri Feb 27, 2015 11:16am EST
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Canadian Securities Exchange Launches the CSE Composite Index(TM)
TORONTO, ONTARIO--(Marketwired - Feb 27, 2015) - The Canadian Securities Exchange ("CSE"), Canada's Exchange for Entrepreneurs, announced today the launch of the CSE Composite Index. The index is the first established by the CSE and is designed to measure the performance of equity securities listed on the CSE. The CSE Composite Index is market capitalization weighted and securities must meet minimum size requirements to qualify for inclusion.
"The growth of our marketplace has led to increased interest in CSE listed securities," says Richard Carleton, CEO of the CSE. "This new index reflects a broad spectrum of entrepreneurial companies and provides a gauge for investors to assess this unique segment of the Canadian capital markets."
The Index is calculated and published by Solactive AG. Solactive calculates indices for 160 clients in Europe, America and Asia. Approximately 25 billion USD are invested in products linked to indices calculated by Solactive globally, primarily via 145 ETFs. Solactive now ranks third in the US, in terms of ETFs linked to its indices.
The CSE Composite Index is distributed through major data vendors and the CSE.
For additional information about the composition and methodology of the CSE Composite Index please visit:
www.thecse.com....