FTSE Launches Shariah Indexes

The FTSE Shariah Global Equity Index Series, derived from FTSE's existing global indexes, comprises 96 indexes, 12 of which are calculated in real-time, made up of large- and mid-cap stocks from the FTSE Global Equity Index series. The suite includes the Shariah Developed Index Series, the Shariah Emerging Index Series, the Shariah All-World Index series and the Multinationals 150 Index.

FTSE will disseminate the index data primarily via vendors such as Bloomberg and Reuters, with contracts for

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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