Footsie

AAA

DEFINITION of 'Footsie'

A slang term for the Financial Times Actuaries 100 index (FTSE 100). The FTSE 100 index represents roughly 80% of the market capitalization of the London Stock Exchange (LSE) as a whole. While other indices have gained popularity within the LSE, such as the FTSE All-Share Index, the FTSE 100 is still by far the most widely used stock market index globally.

INVESTOPEDIA EXPLAINS 'Footsie'

The Footsie consists of 100 blue chip stocks that trade on the London Stock Exchange. The index is maintained by the FTSE Group, which is jointly owned by the Financial Times and the London Stock Exchange. The FTSE gets its name from the acronym of its two parent companies. The index is weighted by market capitalization, so larger companies make up a larger share of the index.

RELATED TERMS
  1. Index

    A statistical measure of change in an economy or a securities ...
  2. Nominated Advisor - NOMAD

    A company that has been approved as a nominated advisor for the ...
  3. Blue-Chip Stock

    Stock of a large, well-established and financially sound company ...
  4. FTSE

    A company that specializes in index calculation. Although not ...
  5. Wilshire 5000 Total Market Index ...

    A market capitalization-weighted index composed of more than ...
  6. Standard & Poor's - S&P

    The world's leading index provider and the foremost source of ...
Related Articles
  1. Mutual Funds & ETFs

    Introduction To Fundamentally Weighted Index Investing

    If you believe the market smiles on those who focus on value, growth or income, this vehicle may be for you.
  2. Mutual Funds & ETFs

    Benchmark Your Returns With Indexes

    If your portfolio is always falling short, you may not be making an apples-to-apples comparison.
  3. Personal Finance

    How Stock Market Indexes Changed Investing

    Find out how the first market averages were calculated and what they mean for investors today.
  4. Economics

    The ABCs Of Stock Indexes

    Indexes can track market trends, but they're not always reliable. Can you trust them?
  5. Mutual Funds & ETFs

    Index Investing

    Get to know the most important market indices and the pros and cons of investing in them.
  6. Chart Advisor

    Is Now the Time to Invest in North America?

    Bullish chart patterns across the North American markets suggest that now might actually be a wise time to allocate closer to home.
  7. Investing

    How To Trade Foreign Stocks

    We weigh the major ways to trade foreign stocks for investors.
  8. Mutual Funds & ETFs

    Which ETF is the Best Bet: VTI or IWV?

    A look at two quality ETFs that offer diversification, low expense ratios, and exposure to the total market.
  9. Economics

    Asian LNG Prices: Not Likely To Rise Anytime Soon

    Asian LNG prices could stay low for an extended period of time, due to low oil prices, less demand and new LNG-producing projects on various continents.
  10. Investing Basics

    Here's How To Tap International Markets

    Access to foreign markets has grown a lot in recent years, allowing US market players to trade these bourses in real-time.

You May Also Like

Hot Definitions
  1. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  2. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  3. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  4. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  5. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  6. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
Trading Center