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verification. (December 2009) |
The NYSE Arca Major Market Index (or XMI or MMI), previously the AMEX Major Market Index, is the American price-weighted stock market index made up of 20 Blue Chip industrial stocks of major U.S. corporations. Several of the stocks are also components of the Dow Jones Industrial Average ( DJIA).
Despite the name none of the stocks that make up the index are listed on NYSE Arca exchange, instead all but one ( Microsoft Corporation) are listed on the NYSE. The index was established April 29, 1983; the base price on that date was set at 200.00 with a base value of 200.00
Futures on the XMI Index are traded on the Chicago Board of Trade. Options on the index are traded on Amex, and on Euronext. [1] [2]
This article needs additional citations for
verification. (December 2009) |
The NYSE Arca Major Market Index (or XMI or MMI), previously the AMEX Major Market Index, is the American price-weighted stock market index made up of 20 Blue Chip industrial stocks of major U.S. corporations. Several of the stocks are also components of the Dow Jones Industrial Average ( DJIA).
Despite the name none of the stocks that make up the index are listed on NYSE Arca exchange, instead all but one ( Microsoft Corporation) are listed on the NYSE. The index was established April 29, 1983; the base price on that date was set at 200.00 with a base value of 200.00
Futures on the XMI Index are traded on the Chicago Board of Trade. Options on the index are traded on Amex, and on Euronext. [1] [2]