Dow Jones Indexes and STOXX Open Asia-Pacific Region Office To Handle Business Activities.Business Editors NEW YORK--(BUSINESS WIRE)--April 9, 2002 Dow Jones Indexes and STOXX, Ltd. today announced the opening of an office in Tokyo, Japan to handle business activities in the Asia-Pacific region. James Barringer, 37, regional director, Asia-Pacific, previously vice president at FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. International will head the new office. Mr. Barringer will be responsible for licensing, business development and relationship management for institutions in the Hong Kong, Japan, Singapore, Australia and other Asian markets. Mr. Barringer will be able to offer globally integrated index solutions consisting of the entire Dow Jones index family including the European Dow Jones Stoxx subset indexes. One of Mr. Barringer's first tasks will be to work closely with Hong Kong Exchanges and Clearing Hong Kong Exchanges and Clearing Limited (Chinese: 香港交易及結算所有限公司, also 香港交易所 or 港交所; abbreviated as HKEx; HKSE: 0388 Limited (HKEx) in Hong Kong and the Osaka Securities Exchange Osaka Securities Exchange (OSE) Established after World War II, one of the three major securities markets in Japan. in Japan, both of which will begin trading derivative and fund instruments based on the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. this year. HKEx yesterday announced it will launch futures based on the Dow Jones Industrial Average on May 6, 2002. Mike Petronella, managing director of Dow Jones Indexes said, "Opening an office in Asia completes our goal of having a presence in the world's three major economic regions, an essential element to a global index provider's success. James' business experience in the Asian markets and language skills make him the ideal candidate to further the business interests of Dow Jones and STOXX." Mr. Barringer has nearly 10 years of experience in financial markets, with an extensive background in Asia. He is fluent in Japanese and received a B.A. in Asian Studies and an M.B.A in International Management with concentrations in Finance and Business in Asia. He previously worked for Telerate stationed in Japan and Bloomberg in Hong Kong. "With my professional background in indexing, Asian language skills and regional business experience, this position is a remarkable fit," said Mr. Barringer. "I welcome the opportunity to build new business relationships in the Asia-Pacific region for a firm that is an acknowledged leader and innovator in the index industry." Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages Dow Jones Averages A trademark used for three indexes of the relative price of selected industrial, transportation, and utility stocks based on a formula developed and periodically revised by Dow Jones & Company, Inc. , the Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations. 50, the Pan-European Dow Jones STOXX Indexes, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans 30, the Dow Jones U.K. Titans 50, the Dow Jones Japan Titans 100, the Dow Jones-AIG Commodity Index The Dow Jones-AIG Commodity Index [DJ-AIGCI] is a broadly diversified index that allows investors to track commodity futures through a single, simple measure. The DJ-AIGCI is composed of futures contracts on physical commodities. , the Dow Jones Islamic Market Indexes, and the Dow Jones Global Portfolio Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information. In addition to Dow Jones Indexes, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange :DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's, SmartMoney and the Far Eastern Economic Review magazines and other periodicals, Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July , and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. Note to editors: A picture of James Barringer is available on our web site www.djindexes.com under "press releases" on the home page. Or send an e-mail to: pr-indexes@dowjones.com |
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