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KBW Announces Change to KBW Capital Markets Index (KSXSM).

BANKING AND CREDIT NEWS-July 24, 2013-KBW Announces Change to KBW Capital Markets Index (KSXSM)(C)2013 M2 COMMUNICATIONS http://www.m2.com

24 July 2013 -- Stifel Financial Corp. (NYSE: SF) subsidiary Keefe, Bruyette & Woods, Inc. said that effective prior to the opening of business on Friday, July 26, 2013, Franklin Resources, Inc. (NYSE: BEN), a member of the KBW Capital Markets Index (KSXSM), will undergo an increase in shares due to the expected completion of a previously announced stock split.

The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Capital Markets Index (Index Ticker: KSXSM, ETF Ticker: KBWCSM); KBW Insurance Index (Index Ticker: KIXSM, ETF Ticker: KBWISM); KBW Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM, KRSSM, KRUSM); KBW Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); and KBW Global (Ex. US) Financial Sector Index (Index Ticker: KGXSM, ETF Ticker: KBWXSM).

KBW LLC, a Stifel company, operates in the US and Europe through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods Ltd.. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.

USD 1 = 0.65100 GBP

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Publication:M2 Banking & Credit News (BCN)
Date:Jul 24, 2013
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