MTS Upgrades Indices For ETF Use

MTS has made changes to its Italy and ex-Bank of Italy indices to become part of its EuroMTS range, enabling their use for ETFs.

MTS has made changes to its Italy and ex-Bank of Italy indices to become part of its EuroMTS range, enabling their use for ETFs, IFA Online reports. The Italian government debt indices will now be evaluated by the EuroMTS Index algorithm and published in real-time, every 30 seconds between 9.00 and 17.30 central European time. The two families of indices were previously distributed on a daily basis, making them inaccessible to ETFs. The move will allow the company to provide its customers with a referencing tool for their portfolios and the ideal tracking instrument for derived products, including ETFs. Lyxor provides a range of ETFs linked to the EuroMTS indices, including the EuroMTS AAA Government Bond ETF.

Click here for the story from IFA Online.