FTSE Global Classification System | What is it?

FTSE Global Classification System

FTSE Global Classification System | What is it?

A system for categorizing economic/industrial activities, the FTSE taxonomy provides a comprehensive, detailed structure for sector analysis and facilitates the comparison of companies within sectors, sub-sectors and across national boundaries. The classification structure includes:

  • 10 economic groups

  • 36 industrial sectors

  • 102 industry sub-sectors

This three-tiered structure is illustrated in the following excerpt from the FTSE system:

Economic Group

Industrial Sector

Industry Sub-sector

90 – Information
Technology

93 – Information Technology
Hardware

932 – Computer Hardware

936 – Semiconductors

938 – Telecommunications
Equipment

97 – Software & Computer
Services

972 – Computer Services

974 – Internet

977 –Software

In 2002 Russell/Mellon Analytical Services began incorporating the FTSE Global Classification System into the Russell Indexes.

For more information, visit the FTSE FAQs section of Russell/Mellon's web site and the Market Data section of the FTSE web site.


For over 1,000 additional terms and definitions please see our Investment Glossary Guide.

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Tags: FTSE Global Classification System, FTSE Global Classification Systems, FTSE, FTSE Global System, Define FTSE System, What is the FTSE Global System

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