BSE, S&P announce strateigic partnership

The partnership will allow S&P Dow Jones Indices to have its fourth operational hub to support clients globally

Bombay Stock Exchange (BSE) and S&P Dow Jones Indices announced today a strategic partnership to calculate, disseminate, and license BSE indices. The partnership will include the Sensex with S&P Dow Jones Indices.
 
The partnership will allow S&P Dow Jones Indices to have its fourth operational hub to support clients globally, with major operations in Hong Kong, London, New York, and now India. As of December 31, 2011 over $1.5 trillion is directly indexed to S&P Dow Jones Indices’ family of stock market indices.

Ashish Chauhan, MD and CEO of BSE expects this partnership with S&P Dow Jones Indices to help BSE to raise the growing global acceptance of the Sensex and other BSE index benchmarks. "It will also help BSE in achieving a leadership position in the index derivatives space."

Effective today, each of the BSE indices will be co-branded “S&P” including the BSE Sensex,  BSE 200 and BSE 100. These indices will join S&P Dow Jones Indices’ other iconic financial market indicators such as the S&P 500®, the Dow Jones Industrial Average®, the S&P/TSX 60, and the S&P/ASX 200.