Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Kaushalya Logistics Unlocks New Growth Potential With Shree Cement Collaboration Business
  • Kalpesh Goti – Entrepreneur, Industrialist, Philanthropist inspired to writing a book for unsung Water Warriors of India Business
  • Vishwa Samudra Group positive on the Union Budget 2025-26 Finance
  • India’s First Vaio Exclusive Brand Store Launches in Mumbai Business
  • Greenman Viral Desai organises bike rally to support Save Soil movement Press Release
  • Network Express concluded Summit “National Entrepreneurship Summit & Awards in Direct Selling 2023 Lifestyle
  • Sri Shankari Yoga Institute Marks 13 Years with International Yoga Day And New World Record Celebration Education
  • Goel Medicos Owner Leading the Novel Deed of Giving Dignified Cremation to Unclaimed Dead Bodies Press Release

Indxx Licenses Global Financial Exchanges and Data Index to Meitav Tachlit Mutual Funds Ltd. for an Index Tracking Fund

Posted on July 8, 2024 By

Mumbai (Maharashtra) (India) July 8 : Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Global Financial Exchanges and Data Index to Meitav Tachlit Mutual Funds Ltd. The Index serves as the underlying benchmark for the Tachlit TTF Indxx Financial Exchanges and Data (Tel Aviv: 5138797), which began trading yesterday on the Tel Aviv Stock Exchange. 

The Indxx Global Financial Exchanges and Data Index is designed to track the performance of financial services companies involved in the business of providing financial data and operating regulated exchanges for financial market participants.

Rahul Sen Sharma, President and Co-CEO at Indxx said, “Global exchanges and financial data providers are indispensable to modern financial markets, offering essential services that support decision-making, transparency, risk management, regulatory compliance, and global trading. In 2023, global spending on financial market data surged to $42 billion, marking a 12.4% increase from 2022.1 These figures highlight the growing need for accurate and timely financial data among individuals and institutions. Our Indxx Global Financial Exchanges and Data Index provides access to leading companies offering these critical services. We are excited to partner with Meitav Tachlit to introduce this promising investment strategy to the Israeli market.”

Vaibhav Agarwal, Chief Product Officer at Indxx, added, “The Indxx Global Financial Exchanges and Data Index employs a research-based approach methodology to identify the frontrunners in the global financial exchanges and data market.  Companies must derive more than 50% of their revenue from the sub-themes: Exchanges and Financial Data Provider to be included.   This results in a focused exposure to this rapidly growing market.”

As of June 25, 2024, the index has 21 constituents. The index has been back tested to December 31, 2019, and has a live calculation date of March 13, 2024. For additional information, please see here.

TRG Screen

Founded in 2005, Indxx aims to deliver innovative and custom indexing and calculation solutions to the investment management community at large.

Indxx and products tracking its indices have been nominated for and received numerous awards, including ‘Index Provider of the Year’ at the With Intelligence Mutual Fund & ETF Awards 2022 & 2023, ‘Best Index Provider – Emerging Markets ETFs’ at the ETF Express US Awards in October 2020, and ‘Most Innovative ETF Index Provider Americas’ at the 14th Annual Global ETF Awards in July 2018. 

For more information about Indxx, please visit: http://www.indxx.com/

For more information about this announcement, please contact: marketing@indxx.com

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Innovative Job Platform Getrozgar.com Debuts, Enhancing Connectivity Between Job Seekers and Employers
Next Post: Fly in Style with Star Air’s Business Class for Just Rs. 5555

Related Posts

  • Growth of the Content Writing Industry with Digital Advancement Business
  • Vishwa Modi: India’s 1st Handmade Jewellery Business Coach Inspiring A Global Movement Business
  • Multidisciplinary Expertise in Architecture & Interior Design by Prashant Parmar Architect Business
  • Touch 925: Redefining Elegance in Silver Jewelry, Crafted by a Visionary Business
  • Flamingo Transworld now offers tours to Kazakhstan Business
  • Amid High Demand, Sanali Group Ramps Up Uber-Luxury Projects Business

Recent Posts

  • Aayush Wellness Launches Brain Fuel Capsules
  • India’s AI Future Begins Here: Scaler School of Technology’s New-Age Engineering Blueprint
  • Protyze Launches HYDRA-X: India’s An Advanced Clear Protein with Electrolytes, Creatine & Glutamine.
  • IMS Ghaziabad (University Courses Campus) and Dainik Jagran Honor Academic Excellence at the ‘Pratibha Samman’ Ceremony
  • Vedic Meet – India’s Leading Problem-Solving App for Online Astrology

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • NG-NeXT Embracing Change With The Excitement Of Onboarding Accomplished CSO Business
  • Vistaar to raise U.S. $50M in Debt financing from DFC Business
  • PhysicsWallah appoints Sumit Rewri as the CEO of PW OnlyIAS Business
  • ServDharm launches its rendition of the Bhagavad Gita in three languages: Sanskrit, Hindi and English Lifestyle
  • Celebrating the Impact of Authors And Their Books This National Reading Day Lifestyle
  • Vasantotsav 2023 graced by Suresh Wadkar ji & Ustad Zakir Hussain at Ajivasan Academy along with a Special Announcement of Complimentary Homeopathic Treatment of 1001 Singers by WelcomeCure   Business
  • Adhyyan School Hosts Successful Four-Day Scout & Guide Camp in Collaboration with Uttar Pradesh Bharat Scout Guide Association Business
  • Sarfaraz Shaikh and Doss Music present the party number, Chalako Massi by Deep Ohsaan ft. Kuwar Virk and Vishakha Raghav Entertainment

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme