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Fintech index debuts from Nasdaq, KBW

Nasdaq and Keefe, Bruyette & Woods have introduced the KBW Nasdaq Financial Technology Index to bring investors “precise index representation” of 49 fintech firms. “The KFTX provides a relevant benchmark within the fintech space, which will be valuable to the increasing number of investors closely watching this area,” KBW’s Fred Cannon said.

The Trade (U.K.) (7/18