Tuesday, September 15, 2009
S&P Launches New Securities Lending Indices
Continuing to bring additional transparency to the financial marketplace, Standard & Poor's Index Services announced today that it has launched the first ever public index series designed to measure the average cost of borrowing U.S. equities. The S&P Securities Lending Index Series seeks to reflect the average securities lending rate for the constituents of the S&P 500, S&P MidCap 400, S&P SmallCap 600, and the underlying GICS(1) sector sub-indices for all three leading U.S. equity benchmarks...
Reuters: S&P Launches New Securities Lending Indices
Reuters: S&P Launches New Securities Lending Indices