S&P/Citigroup Broad Market Index (BMI) Global Ex-U.S.
Definition of 'S&P/Citigroup Broad Market Index (BMI) Global Ex-U.S.'A market-capitalization weighted index maintained by Standard and Poor's providing a broad measure of the global equities markets, excluding the |
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Investopedia explains 'S&P/Citigroup Broad Market Index (BMI) Global Ex-U.S.'Excluding the U.S., a country will be eligible for inclusion in the index if it has float-adjusted market capitalization of US$1 billion or more and its market capitalization weight is at least 40 basis points in either the emerging market or developed world indexes. A company will be eligible to be included in the index if it has float-adjusted market value of US$100 million or more, with a minimum of US$50 million value traded over the past 12 months. |
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