what is ftse

FTSE stands for Financial Times Stock Exchange. It is a British financial organization that specializes in providing index offerings for the global financial markets. The FTSE Group, now known as FTSE Russell Group, is a subsidiary of the London Stock Exchange Group. The indexing division of the FTSE specializes in creating index offerings that the global financial markets can use as benchmarks. An index is comprised of a hypothetical portfolio of stock holdings, so it can act as a representation of the performance of a particular market segment, also called a benchmark. The FTSE 100 is the most well-known index of the FTSE, which is comprised of the 100 most highly capitalized blue-chip stocks listed on the London Stock Exchange. The price of the index is determined by the price movement of these constituent stocks. To be included on the FTSE 100, a company must be listed on the LSE, it must be denominated in pounds, and it must meet minimum float and stock liquidity requirements.