Thomson Reuters Acquires UBS Convertible Indices

Posted by Joachim Bartels | Jul 11, 2014 | Financial Information, Indices, Thomson Reuters, United States | 0 |

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it has completed the acquisition of the UBS Convertible Indices – a widely used benchmark in the convertible bond market.

The UBS Convertible Indices will be renamed the Thomson Reuters Convertible Indices and integrated with existing Thomson Reuters products and services for the convertible bond market and its suite of indices. The indices will be operated in the spirit ofthe International Organization of Securities Commissions (IOSCO) principles for financial benchmarks which come into effect in July 2014.

Source: Finextra.com/news

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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