Plus: Spanish Bank Consolidation, More Ant Group, Independent Equity Research
Love these historical pieces, very eye opening
hi Marc, how does the provider of the index financially benefit? For example, S&P500 is an index which SPY tracks which in turn people invest in. How does value accrue to the index provider in this instance? thanks.
Whoever uses the index commercially, eg the ETF, has to pay licensing fees.
Thats what I figured but wanted to confirm, thank you.
The stat is based on number of clearing houses rather than volume. Source is Graph 2 here - https://www.bis.org/publ/qtrpdf/r_qt1512.pdf
Love these historical pieces, very eye opening
hi Marc, how does the provider of the index financially benefit? For example, S&P500 is an index which SPY tracks which in turn people invest in. How does value accrue to the index provider in this instance? thanks.
Whoever uses the index commercially, eg the ETF, has to pay licensing fees.
Thats what I figured but wanted to confirm, thank you.
The stat is based on number of clearing houses rather than volume. Source is Graph 2 here - https://www.bis.org/publ/qtrpdf/r_qt1512.pdf