FTSE International held preliminary meetings with the stock exchanges of Greece, Israel and Cyprus to discuss creating a common regional index series, said Michael Gormley, marketing director for FTSE America. FTSE already has created indexes for the Cyprus and Greek stock exchanges. "From a business standpoint, it makes sense for FTSE to create regional indexes for the Mediterranean area, said Mr. Gormley. The next meetings will be held this fall.
FTSE International held preliminary meetings with the stock exchanges...
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