Indxx launches three indexes licensed to Global X Funds for ETFs

By Tali Rackner

Norfolk, Va., Sept. 13 – Indxx LLC announced the launch of the Indxx Global Internet of Things Thematic index, Indxx Global Robotics & Artificial Intelligence Thematic index and Indxx Global Fintech Thematic index, according to a press release.

The indexes have been licensed to New York-based ETF provider Global X Funds as the underlying benchmarks for the Global X Internet of Things Thematic exchange-traded fund (Nasdaq: SNSR), Global X Robotics & Artificial Intelligence Thematic exchange-traded fund (Nasdaq: BOTZ) and Global X FinTech Thematic exchange-traded fund (Nasdaq: FINX), which began trading on Tuesday.

The Indxx Global Internet of Things Thematic index is intended to provide exposure to exchange-listed companies in developed markets that facilitate the internet of things industry, including companies involved in wearable technology, home automation, connected automotive technology, sensors, networking infrastructure/software, smart metering and energy control devices, the release said.

The Indxx Global Robotics & Artificial Intelligence index is designed to provide exposure to exchange-listed companies in developed markets that are involved in the development of robotics and/or artificial intelligence, including companies involved in developing industrial robots and production systems, automated inventory management, unmanned vehicles, voice/image/text recognition and medical robots or robotic instruments.

The Indxx Global Fintech Thematic index is devised to provide exposure to exchange-listed companies in developed markets that provide financial technology products and services, including companies involved in mobile payments, peer-to-peer and marketplace lending, financial analytics software and alternative currencies.

Indxx is a firm focused on index development, index calculation, analytics and research and has offices in New York, London and New Delhi.

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