NEW YORK, July 11, 2016 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), one of the world's leading index providers, announced today that it completed its third annual review of its adherence with the International Organization of Securities Commissions ("IOSCO") Principles for Financial Benchmarks.
The management at S&P DJI believes that its operations continue to adhere to the Principles for Financial Benchmarks which IOSCO published IOSCO in July 2013. Additionally, an independent examination of S&P DJI's adherence with the IOSCO Principles was performed by a member firm of one of the Big Four international accounting organizations. S&P DJI's Management Statement of Adherence and the independent examination report are available at http://us.spindices.com/resource-center/index-policies/.
"S&P Dow Jones Indices is proud to maintain our adherence with the IOSCO Principles which are very much in line with how we have transparently and independently governed our indices for over 115 years," says Alex Matturri, CEO of S&P Dow Jones Indices. "Our best practices around benchmark governance, transparency and administration produce indices that are independent and avoid conflicts of interests which is crucial to maintaining, supporting and strengthening a robust financial market system."
S&P DJI has been publishing financial market indices since 1896 with the launch of the Dow Jones Industrial Average®, one of the best-known icons of American culture and among stock market observers around the world. The launch of the S&P 500® in 1957 was an innovative milestone in gauging the overall health of the US equity markets and changed the way that investors would eventually measure and trade the markets. Today, S&P Dow Jones Indices publishes more than 1,000,000 indices on a real-time or end-of-day basis, each built and governed on the basis of transparency, integrity, objectivity, and independence.
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices