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Thomson Reuters Acquires UBS Convertible Indices

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it has completed the acquisition of the UBS Convertible Indices – a widely used benchmark in the convertible bond market.

The UBS Convertible Indices will be renamed the Thomson Reuters Convertible Indices and integrated with existing Thomson Reuters products and services for the convertible bond market and its suite of indices. The indices will be operated in the spirit ofthe International Organization of Securities Commissions (IOSCO) principles for financial benchmarks which come into effect in July 2014.

Source:  Finextra.com/news

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