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Possible Answers: FTSE.
Last seen on: The Guardian – Cryptic Crossword No 27,303 – Sep 14 2017
Random information on the term “FTSE”:
FTSE International Limited (/ˈfʊtsiː/ FUUT-see) trading as FTSE Group and FTSE Russell, is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. It operates the well known UK FTSE 100 Index and the Russell 2000 as well as a number of other indices. FTSE stands for Financial Times Stock Exchange.
The FTSE Group was created in 1995 by Pearson (former parent of the Financial Times) and the London Stock Exchange Group.
FTSE Japan, based in Tokyo, was launched in 2003.
In 2010, the joint venture with Xinhua Finance was terminated, the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to “FTSE China Index Limited”.
In 2011, Pearson sold its stake to LSE.
FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent from licensing for index-based products.