STOXX, Eurex Repo Rolls Out STOXX GC Pooling Index

By PYMNTS | April 16, 2013

Stoxx Limited, a provider of market, tradable and global indexes, and Eurex Repo, a global finance provider in the money market, announced the roll out of the STOXX GC Pooling indices, reports Reuters. The indices aim to provide a transparent and regulated option to unsecured interbank benchmarks. The indices can be calculated in euro and used for benchmarking purposes in the money market.

Hartmut Graf, the chief executive officer at Stoxx Limited, added, “These innovative indices can contribute to improved trust in reference interest rates.”