Definition of stoxx limited

a joint venture of Deutsche Boerse AG, Dow Jones & Company, and the SWX Group in the development, maintenance, distribution and marketing of the Dow Jones STOXX indices, a rulesbased, transparent, and free-float weighted family of indices globally integrated into that of the Dow Jones Indices. Launched in 1998 in advance of European Monetary Union, the introduction of the Euro, and the creation of the Eurozone, the Dow Jones STOXX indices have become Europe's leading regional equity indices in a fast and impressive success story. STOXX Limited expanded its strategy beyond Europe by purposefully responding to market requirements. Today, STOXX Limited is a global index provider covering the world markets and providing investors with access to Europe, Asia/Pacific, and the Americas. STOXX Limited issues licences for the commercial use of the Dow Jones STOXX indices and has more than 350 licensees worldwide, selling more than 4,000 financial products based on the DJ STOXX indices. STOXX holds a 40% market share i the ETF segment and has a leading edge over all other index providers in Europe. STOXX has also held a very strong position in the derivatives segment. With 560 billion Euros in open interest for futures and options (as of July 2005), STOXX ranks first in Europe and second worldwide.