The Financial Times Stock Exchange Group (FTSE), also known by the nickname of “Footsie,” is an independent organization. It is similar to the Standard & Poor’s, which specializes in creating index offerings for the global financial markets. An index will represent a market segment and is a hypothetical portfolio of stock holdings. The most well-known index, among many at FTSE, is the FTSE 100, which is composed of blue-chip stocks listed on the London Stock Exchange.
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