Bats Europe launches duo of Brexit indices

Analysing company revenue

Bats Europe has launched two benckmark indices to reflect the impact of Brexit on UK companies, as Prime Minister Theresa May gears up to trigger Article 50 on 29 March.

The Bats Brexit High 50 index will house companies that generate on average 72% of their revenues from the UK, while the Bats Brexit Low 50 hosts names that only gain 10% of their revenues domestically. The two indices were created by halving the constituents of the existing Bats UK 100 index into two groups; Bats Europe worked with FactSet Geographic Revenue Exposure data to normalise and geographically analyse where UK-listed companies generated their revenues. EU to hold Brexit summit on 29 April  Since the EU referendum on 23 June 2016, the Bats UK 100 index is up over 16% in p...