The industry classification standard formulated by FTSE is called Globe classification system, which is widely accepted as the global industry standard. The GCS institutions that implement FTSE include London Stock Exchange, Hang Seng Index in Hong Kong and Russell Index in the United States.
The main purpose of FTSE global classification system is to serve investors by dividing companies into sub-sectors with the same business.
The FTSE global classification system of London Financial Times is currently composed of 10 economic groups, 36 industry sectors and 100 industry sub-sectors, and * * * is divided into three levels. Each company is assigned to the sub-industry closest to its business characteristics, as well as the corresponding departments and economic groups.
The FTSE global classification system 10 economic groups are: energy; Basic industries; Information technology industry; General industry; Cyclical consumer goods; Non-cyclical consumer goods; Regular service; Irregular service; Public utilities; The financial industry.
FTSE 100 index
Footsie 100 means 100 that the stock indexes of the largest companies are listed on the London Stock Exchange. The FTSE 100 index is regarded as a barometer of Britain's economic success and is the dominant stock index in Europe. The index is maintained by FTSE Group and established by the Financial Times and the London Stock Exchange.
To put it bluntly, just like China's stock index futures, they are all index futures that can be shorted ~ ~ ~