Stock Traders Gain New Bellwether for Analyzing Brexit Talks
- Bats Europe’s new Brexit index opens door to ETF listings
- JPMorgan, KPMG also have created stock indexes for Brexit
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Equity traders have a growing list of ways to track Theresa May’s divorce talks with the European Union.
One of the most recent is a pair of indexes started by Bats Europe, part of CBOE Holdings Inc. The gauges measure the 50 biggest U.K. stocks that are most tied to the British economy, and the 50 largest internationally focused peers. The firm says investors need new methods to size up British companies as Prime Minister May prepares to trigger Brexit on March 29.