Highly Correlated with Better Design
The Bats Indices are highly correlated with comparable benchmarks that investors use every day. The Indices provide accurate and reliable index data. Some key design components are detailed below.
- Transparency: Unlike some other index providers, we publish the rules and calculation methodology behind its indices.
- Based at 10,000: A base value of 10,000 from 31 December 2010 makes the performance of markets and sectors easy to compare.
- Accessing the Indices: Bats Indices brings greatly simplified index licensing and reduced costs which has significantly increased the distribution of Bats real-time index data via broker and media websites.
- Consistency: Our pan-European approach allows for comparable benchmarks across Europe for the first time. Unlike current benchmarks, all Bats Indices will be created with the same methodology.
Remarkable European Coverage
Our index business was launched in June 2016 and now offers 57 indices (calculated in both price and net total return) across 15 countries, pan-European and Eurozone regions, Brexit and sector indices.
High-Quality, Pan-European Data
The Bats Indices are calculated using data from the European arm of Cboe Global Markets, a leading financial markets operator. More than a quarter of all European trading occurs on its European equities exchange across the 15 markets it covers. All of the Bats Indices are valued using the trading taking place on its exchange with the exception of the Bats UK Alternative 100 which uses NEX Exchange data.
The quality of the stock prices used to calculate the indices are better than or equal to the national market in the most active stocks most of the time.*
*Data from LiquidMetrix
See the European Index Series Report for details on our Benchmark Indices.