Chi-X Europe, Russell Introduce New European Equity Indexes
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Chi-X Europe Ltd., the region’s biggest alternative trading platform, and Russell Investments introduced European equity indexes that will compete with benchmark gauges compiled by Stoxx Ltd. and MSCI Inc.
The four new measures use Russell’s methodology and Chi-X’s prices, the two companies said in a statement today. Two of the indexes focus on companies in the euro region, and two also include stocks in other parts of Europe.