The truth about Asian investment banking
The money network:

The money network:

Why crowdfunding threatens traditional bank lending

July 2005

Indices: Dow Jones pioneers first euro index


The tool will track the euro against major trading currencies and provide an important non-central bank benchmark


Dow Jones unveiled plans last month to launch a new index that will track exchange rates against the euro every 15 minutes.

"The use of the euro in the capital markets has inspired Dow Jones to create an index that tracks the euro," John Prestbo, editor of Dow Jones Indexes, told the fourth biannual capital markets conference hosted by Hypothekenbank in Essen in June. "The US dollar is the major component," he said.

Dow Jones Indexes has developed more than 3,000 indices and is best known...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today