Difference between revisions of "KBW Bank Index"

KBW Bank Index (view source)

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	The cash-settled KBW Bank Index (BKX), traded on the [[International Securities Exchange]] and [[PHLX]] (BKXSM is a service mark of the Philadelphia Stock Exchange, Inc.), is a float-adjusted, modified market-cap index comprising 24 leading national money center banks and thrifts ~~used used to hedge exposure to this sector~~.		The cash-settled KBW Bank Index (BKX), traded on the [[International Securities Exchange]] and [[PHLX]] (BKXSM is a service mark of the Philadelphia Stock Exchange, Inc.), is a float-adjusted, modified market-cap index comprising 24 leading national money center banks and thrifts.