Intercontinental Exchange (ICE) reported Tuesday the launch of a new index, NYSE IPO Index (NYSEIPO), on the NYSE Group's exchanges.
The equal-weighted index will track the performance of IPOs and other newly-listed companies with a minimum market value of $200 million that listed in the last three years, the firm said.
The index includes direct listings, spin-offs and transfers from ex-US exchanges or OTC markets, but excludes special purpose acquisition companies and post-SPAC operating firms, it added.
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