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FTSE Russell
British provider of stock market indices From Wikipedia, the free encyclopedia
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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 in the UK and the Russell 2000 Index in the US, among others.
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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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