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Financial Times Share Index

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GMH | 20:41 Mon 06th Mar 2006 | Business & Finance
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Why is the Financial Times Share Index abbreviated to FTSE or even the Footsie? Financial Times Share Endex? I don't think so! It should be FTSI shouldn't it?
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Avatar Image jocasta
Financial Times Stock Exchange?
22:13 Mon 06th Mar 2006
Avatar Image Buenchico
The question mark after Jocasta's answer suggests that it might be a guess but that doesn't stop it from being correct!

The FTSE Group is now an independendent company but it was founded as a joint venture between the Financial Times and the Stock Exchange - hence the name.

Give Jocasta a gold star!

http://en.wikipedia.org/wiki/FTSE_100_Index

Chris
22:41 Mon 06th Mar 2006

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