Index Derivatives and Current “Basket Option” Guidance

Many companies are in the business of index creation and maintenance (in other words, the index sponsorship business). Several household names, such as S&P Global, Nasdaq, Bloomberg, and MSCI, each sponsor hundreds of indices with strategies focused on different categories of assets, geographic regions, company size, company sector, and environmental and societal factors. There are many other index sponsors in the market (including some financial institutions).