STOXX
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| Subsidiary | |
| Industry | Financial services |
| Founded | 1997 |
| Headquarters | Zürich, Switzerland |
| Services |
calculation agent |
| Parent | Deutsche Börse Group |
| Website | www |
STOXX Limited is a globally integrated index provider, covering the world markets across all asset classes – developing, maintaining, distributing and marketing a comprehensive global family of strictly rules-based and transparent indices. STOXX is a wholly owned subsidiary of Deutsche Börse Group. STOXX calculates more than 7,500 indices and in addition acts as the marketing agent for the indices of Deutsche Börse indices like DAX.
STOXX indices are licensed to financial institutions and other users for use with exchange-traded funds (ETFs), mutual funds, futures, options, structured products, and other purposes.
STOXX Limited was formed in 1997 and in 1998 the first STOXX indices were launched. In 2000 STOXX was the first index provider to implement free float market capitalization in all its indices. In December 2009 Deutsche Börse and SIX Group became sole shareholders of STOXX after Dow Jones exited the joint venture. Shortly after STOXX renamed all indices by removing the "DJ/Dow Jones" prefix. In July 2010 STOXX became the marketing agent for Deutsche Börse and SIX Swiss Exchange indices.
In 2015 Deutsche Börse purchased the remaining 49.9% shares of STOXX from SIX Group along with the remaining shares of the joint venture Indexium AG at a cost of 650m Swiss Francs.
The STOXX Index family represents a wide range of stocks covering different market segments and different investment strategies. On a regional level the indices initially covered Europe, the Eurozone and Eastern Europe.
In 2011 STOXX expanded its index range by adding a consistent global index family for global regions and countries.
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