S&P Dow Jones Indices (S&P DJI) is a joint venture between S&P Global and the CME Group, that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products. The company currently has employees in 15 cities worldwide, including New York, London, Frankfurt, Singapore, Hong Kong, Sydney, Beijing, and Dubai.
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| S&P Dow Jones Indices | |
Company type | Joint venture |
| Founded | 1882 |
| Founder | Charles Dow, Edward Jones, Charles Bergstresser |
| Headquarters | 55 Water Street, New York City, New York, United States |
| Owner |
|
| Parent | S&P Global[1] |
| Website | www |
The company's best known indices are the S&P 500 and the Dow Jones Industrial Average (DJIA), which were created in 1957 and 1896, respectively. The company also manages the oldest index in use, the Dow Jones Transportation Index, created in 1882 by Charles Dow, the founder of The Wall Street Journal.
S&P Global (formerly McGraw Hill Financial, Inc.), owner of Standard & Poor's, controls 73% of the joint venture, CME Group owns 24.4% through its affiliates.[1]
Recent history
editIn December 2020, DJI removed certain sanctioned companies with ties to the People's Liberation Army from its indices.[2]
In January 2021, S&P Dow Jones Indices announced that, on February 1, 2021, or before, China National Offshore Oil Corp's (CNOOC) securities will be removed due to the US sanctions.[3] In May 2021 the SEC fined the company for pausing data.[4]
Research information
editList of notable indices
edit- Global or regional
- Dow Jones Global Titans 50
- S&P Global 100 (subset of S&P Global 1200)
- S&P Global 1200, composed of:
- S&P Asia 50
- S&P Europe 350
- S&P Latin America 40
- National components: S&P 500 (US), S&P/ASX 50 (Australia), S&P/TOPIX 150 (Japan), S&P/TSX 60 (Canada)
- Australia
- All Ordinaries (broad market index)
- S&P/ASX 300 (broad market index)
- S&P/ASX 200
- S&P/ASX 50 (large-cap)
- S&P/ASX 20 (very large cap)
- S&P/ASX 50 (large-cap)
- S&P/ASX 200
- S&P BSE 500 Shariah Index (India)
- S&P/NZX 50 (New Zealand)
- S&P Sri Lanka 20 Index
- S&P/TOPIX 150 (Japan)
- S&P/TSX Composite Index (Canada, broad market index)
- S&P/TSX 60 (Canada, large-cap)
- United States
- Dow Jones Composite Average, composed of:
- S&P 1500 (broad market index), composed of:
- S&P 500 (large-cap)
- S&P 500 Dividend Aristocrats
- S&P 100 (very large cap)
- S&P MidCap 400
- S&P SmallCap 600
- S&P 500 (large-cap)
See also
editReferences
edit- 1 2 3 "The McGraw-Hill Companies, CME Group Announce the Launch of S&P Dow Jones Indices" (PDF) (Press release). New York & Chicago: S&P Dow Jones Indices LLC. July 2, 2012. Retrieved May 22, 2026.
- ↑ Galbraith, Andrew (December 10, 2020). "S&P DJI removes Chinese firms from indexes after U.S. order". Reuters. Retrieved December 10, 2020.
- ↑ "S&P Dow Jones Indices to remove oil giant CNOOC due to sanctions". Reuters. January 14, 2021. Retrieved January 14, 2021.
- ↑ Jonathan Stempel. (17 May 2021). "S&P Dow Jones Indices is fined by SEC over U.S. 'volatility' crash". Yahoo Finance website Retrieved 18 May 2021.
- ↑ "S&P Global Platts Insight Magazine". spglobal.com. Retrieved April 10, 2020.
- ↑ "Dow Jones Indexes » Media Center » Market Commentary". djindexes.com. Archived from the original on July 28, 2011.
- ↑ "Dow Jones Indexes » Media Center » Video Interviews". djindexes.com. Archived from the original on August 3, 2011.
- ↑ "Dow Jones Indexes » Media Center » Press Events". djindexes.com. Archived from the original on May 9, 2011.