S&P/Citigroup Broad Market Index (BMI) Global Ex-U.S.

A market-capitalization weighted index maintained by Standard and Poor's providing a broad measure of the global equities markets, excluding the U.S. market. The S&P/Citigroup Broad MarketIndex (BMI) Global Ex-U.S. is a pision of the S&P/Citigroup Broad MarketIndex (BMI) Global, which includes approximately 11,000 companies in more than 52 countries covering both developed and emerging markets. The S&P/Citigroup Broad MarketIndex (BMI) Global Ex-U.S. contains approximately 8,000 stocks.

Taobiz explains S&P/Citigroup Broad MarketIndex (BMI) Global Ex-U.S.

Excluding the U.S., a country will be eligible for inclusion in the index if it has float-adjusted market capitalization of US$1 billion or more and its market capitalization weight is at least 40 basis points in either the emerging market or developed world indexes. A company will be eligible to be included in the index if it has float-adjusted market value of US$100 million or more, with a minimum of US$50 million value traded over the past 12 months.