FTSE Russell is a subsidiary of London Stock Exchange Group (LSEG) that produces, maintains, licenses, and markets stock market indices.[1] The division is notable for the FTSE 100 Index and Russell 2000 Index, among others.
Company type | Subsidiary |
---|---|
Industry | Finance |
Founded | 1995 |
Headquarters | 10 Upper Bank Street London, England, UK |
Key people | Arne Staal (CEO) |
Products | Financial indices |
Parent | London Stock Exchange Group |
Website | ftserussell |
The brand and division FTSE Russell was introduced in 2015, while integrating the indexing services of FTSE index series and Russell index series.[2] In the same year, LSEG sold Frank Russell Company's asset management division Russell Investments.[3][4] Also in 2015, FTSE Russell acquired the corporate data company Mergent.[5]
In December 2020, FTSE Russell announced that it would strip its indexes of eight Chinese companies in response to U.S. Executive Order 13959.[6]
On 2 March 2022, in response to the invasion of Ukraine by the Russian Federation and resultant sanctions, FTSE Russell removed all Russian securities from all FTSE Russell indexes.[7]
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"FTSE Russell" is a trading name of FTSE International Limited ("FTSE") and Frank Russell Company ("Russell") and their respective subsidiary undertakings, which are members of the London Stock Exchange Group plc group.