---
title: "Stock Index Providers"
description: "Who maintains the world's stock market indexes, what an index provider actually does, and why constituent lists are licensed rather than public."
canonical: https://www.getswoopr.com/stocks/indexes/providers/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Stock Index Providers

## Direct Answer

> An index provider writes the rules an index follows, calculates the resulting number, and licenses both. The provider is usually a different company from the fund manager tracking the index, and the fund pays to use it.

## Providers covered here

- **S&P Dow Jones Indices**: 18 indexes covered, including S&P 500, Dow Jones Industrial Average, S&P MidCap 400.
- **MSCI**: 18 indexes covered, including MSCI World, MSCI ACWI, MSCI Emerging Markets.
- **FTSE Russell**: 17 indexes covered, including Russell 2000, Russell 1000, Russell 3000.
- **Nasdaq**: 10 indexes covered, including Nasdaq Composite, Nasdaq-100, Nasdaq Next Generation 100.
- **NSE Indices / Asia Index**: 10 indexes covered, including Nifty 100, Nifty 200, Nifty Microcap 250.
- **S&P Dow Jones Indices/ASX**: 9 indexes covered, including S&P/ASX 200, S&P/ASX 100, S&P/ASX 20.
- **JPX/Nikkei**: 8 indexes covered, including JPX-Nikkei Index 400, Nikkei 300, Nikkei 500 Stock Average.
- **Hang Seng Indexes**: 7 indexes covered, including Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index.
- **Korea Exchange**: 7 indexes covered, including KOSPI, KOSDAQ, KOSDAQ 150.
- **B3**: 7 indexes covered, including Ibovespa, IBOVESPA B3 BR+, IBrX 100.
- **FTSE Russell/JSE**: 7 indexes covered, including FTSE/JSE All Share, FTSE/JSE Top 40, FTSE/JSE Capped All Share.
- **Indonesia Stock Exchange**: 6 indexes covered, including IDX Composite, IDX High Dividend 20, IDX30.
- **Tel Aviv Stock Exchange**: 6 indexes covered, including TA-35, TA-125, TA-90.
- **FTSE Russell/Bursa Malaysia**: 5 indexes covered, including FTSE Bursa Malaysia KLCI, FTSE Bursa Malaysia EMAS Index, FTSE Bursa Malaysia Mid 70 Index.
- **Stock Exchange of Thailand**: 5 indexes covered, including SET Index, SET100 Index, SET50 Index.
- **GPW Benchmark**: 5 indexes covered, including WIG, WIG20, WIG30.
- **China Securities Index Co.**: 5 indexes covered, including CSI 100, CSI 1000, CSI 500.
- **S&P DJI/BSE**: 5 indexes covered, including S&P BSE 100, S&P BSE 200, S&P BSE LargeMidCap.
- **Pakistan Stock Exchange**: 5 indexes covered, including PSX All Share Index, KMI-30 Index, KSE-100 Index.
- **HOSE/HNX**: 5 indexes covered, including HNX Index, HNX30 Index, UPCoM Index.
- **S&P Dow Jones Indices/NZX**: 5 indexes covered, including S&P/NZX 10, S&P/NZX 20, S&P/NZX All Index.
- **STOXX/Deutsche Börse**: 4 indexes covered, including DAX, MDAX, SDAX.
- **Euronext**: 4 indexes covered, including CAC 40, SBF 120, AEX.
- **FTSE Russell/SGX**: 4 indexes covered, including Straits Times Index, FTSE ST All-Share Index, FTSE ST Mid Cap Index.
- **Egyptian Exchange**: 4 indexes covered, including EGX 30, EGX 100 EWI, EGX 30 Capped.
- **Bucharest Stock Exchange**: 4 indexes covered, including BET, BET-NG, BET-TR.
- **Borsa Istanbul**: 4 indexes covered, including BIST 100, BIST 30, BIST 50.
- **Shanghai/Shenzhen Stock Exchange**: 4 indexes covered, including SSE 180, SSE 380, STAR 50 Index.
- **Nigerian Exchange**: 4 indexes covered, including NGX 30 Index, NGX All-Share Index, NGX Banking Index.
- **STOXX**: 3 indexes covered, including STOXX Europe 600, EURO STOXX 50, STOXX Europe 50.
- **NSE Indices**: 3 indexes covered, including Nifty 50, Nifty Next 50, Nifty 500.
- **S&P Dow Jones Indices/TMX**: 3 indexes covered, including S&P/TSX Composite, S&P/TSX 60, S&P/TSX Completion.
- **Philippine Stock Exchange**: 3 indexes covered, including PSEi, PSE All Shares Index, PSE MidCap Index.
- **S&P Dow Jones Indices/Santiago Exchange**: 3 indexes covered, including S&P IPSA, S&P/CLX Chile 15, S&P/CLX IGPA.
- **S&P Dow Jones Indices/BYMA**: 3 indexes covered, including S&P Merval, S&P BYMA General, S&P Merval 25.
- **S&P Dow Jones Indices/BVL**: 3 indexes covered, including S&P/BVL Peru General, S&P/BVL Lima 25, S&P/BVL Peru Select.
- **Saudi Exchange**: 3 indexes covered, including Tadawul All Share Index, MT30 Index, Nomu Parallel Market Capped Index.
- **TWSE/FTSE Russell**: 3 indexes covered, including FTSE TWSE Taiwan 50 Index, FTSE TWSE Taiwan Mid-Cap 100 Index, Taiwan High Compensation 100 Index.
- **Dhaka Stock Exchange**: 3 indexes covered, including DS30, DSES, DSEX.
- **Boursa Kuwait**: 3 indexes covered, including All Share Index (Kuwait), Main Market 50 Index, Premier Market Index (Kuwait).
- **Casablanca Stock Exchange**: 3 indexes covered, including MASI, MASI 20, MASI ESG.
- **Qatar Stock Exchange**: 3 indexes covered, including QE Al Rayan Islamic Index, QE All Share Index, Qatar Exchange Index.
- **Nairobi Securities Exchange**: 3 indexes covered, including NSE 20 Share Index, NSE 25 Share Index, NSE All Share Index (Kenya).
- **STOXX/Qontigo**: 3 indexes covered, including STOXX Global 1800, STOXX Global 3000, STOXX Asia/Pacific 600.
- **SIX**: 2 indexes covered, including SMI, SPI.
- **JPX**: 2 indexes covered, including TOPIX, JPX Prime 150.
- **Shanghai Stock Exchange**: 2 indexes covered, including SSE Composite, SSE 50.
- **Shenzhen Stock Exchange**: 2 indexes covered, including Shenzhen Component Index, ChiNext Index.
- **Asia Index/BSE**: 2 indexes covered, including BSE Sensex, BSE 500.
- **Dubai Financial Market**: 2 indexes covered, including DFM General Index, DFM Sharia Index.
- **Bulgarian Stock Exchange**: 2 indexes covered, including BGBX40, SOFIX.
- **Zagreb Stock Exchange**: 2 indexes covered, including CROBEX, CROBEX10.
- **Prague Stock Exchange**: 2 indexes covered, including PX Index, PX-TR.
- **FTSE Russell/Athens Exchange**: 2 indexes covered, including FTSE/ATHEX Large Cap, FTSE/ATHEX Mid Cap.
- **Budapest Stock Exchange**: 2 indexes covered, including BUMIX, BUX.
- **Belgrade Stock Exchange**: 2 indexes covered, including BELEX15, BELEXline.
- **Bahrain Bourse**: 2 indexes covered, including Bahrain All Share Index, Bahrain Islamic Index.
- **Amman Stock Exchange**: 2 indexes covered, including ASE General Index, ASE20.
- **Muscat Stock Exchange**: 2 indexes covered, including MSX 30 Index, MSX Shariah Index.
- **Bourse de Tunis**: 2 indexes covered, including TUNINDEX, TUNINDEX20.
- **Botswana Stock Exchange**: 2 indexes covered, including BSE Domestic Company Index, BSE Foreign Company Index.
- **Ghana Stock Exchange**: 2 indexes covered, including GSE Composite Index, GSE Financial Stocks Index.
- **Stock Exchange of Mauritius**: 2 indexes covered, including SEM-10, SEMDEX.
- **Namibian Stock Exchange**: 2 indexes covered, including NSX Local Index, NSX Overall Index.
- **BME**: 1 index covered, including IBEX 35.
- **FTSE Russell/Borsa Italiana**: 1 index covered, including FTSE MIB.
- **Nikkei**: 1 index covered, including Nikkei 225.
- **China Securities Index**: 1 index covered, including CSI 300.
- **TWSE**: 1 index covered, including TAIEX.
- **ASX**: 1 index covered, including All Ordinaries.
- **NZX/S&P Dow Jones Indices**: 1 index covered, including S&P/NZX 50.
- **Ho Chi Minh Stock Exchange**: 1 index covered, including VN-Index.
- **S&P Dow Jones Indices/BMV**: 1 index covered, including S&P/BMV IPC.
- **MSCI/BVC ecosystem**: 1 index covered, including MSCI COLCAP.
- **ADX**: 1 index covered, including FTSE ADX General Index.
- **Athens Exchange**: 1 index covered, including ATHEX Composite.
- **Malta Stock Exchange**: 1 index covered, including MSE Equity Total Return Index.
- **Bratislava Stock Exchange**: 1 index covered, including SAX.
- **Ljubljana Stock Exchange**: 1 index covered, including SBI TOP.
- **Colombo Stock Exchange / S&P DJI**: 1 index covered, including All Share Price Index.
- **S&P DJI/CSE**: 1 index covered, including S&P Sri Lanka 20.
- **BVC/MSCI**: 1 index covered, including COLEQTY.
- **Abu Dhabi Securities Exchange**: 1 index covered, including ADX Islamic Index.
- **FTSE Russell/ADX**: 1 index covered, including FTSE ADX 15 Index.

## Why constituent lists are not reproduced here

Index names, levels and methodology are facts and this library explains them freely. Constituent lists with weights are a licensed dataset: providers sell access to them, and a list shown on a provider's public page is not permission to copy, automate or redistribute it.

Swoopr holds no index data licence, so every index page links to its provider for current membership. That boundary is enforced in the build rather than left to editorial memory.

## Frequently Asked Questions

### What does an index provider actually do?

It writes and maintains the rules: which securities are eligible, how they are selected, how they are weighted, and when the membership is revised. It then calculates and publishes the resulting number, and licenses both the index and its data.

### Do index providers charge for their indexes?

Yes. Providers license their indexes to fund managers that track them and license the underlying data separately. That licensing is why constituent lists and weights are not freely republishable.

### Can two providers cover the same market differently?

Routinely. Providers apply their own eligibility criteria and country classifications, so two indexes described as covering the same market can hold different companies and classify the same country differently.

## About the author

The [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) writes Swoopr Investment's educational library, covering market structure, analysis methods and the mechanics behind the numbers investors read every day.

Our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/) set out how this content is produced, reviewed and fixed when it is wrong.