INTERNATIONAL ECOMMERCE INDEX
CONSTITUENT ELIGIBILITY REQUIREMENTS
In order to be eligible for inclusion in the index, companies must meet the following conditions:
Non-US domiciled publicly traded companies that derive significant business exposure from at least one of three international ecommerce business segments: retail, travel, marketplace.
At least 90% of revenues should be derived from online business transactions or ecommerce platforms as opposed to brick and mortar and/or in-store transactions.
Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
Market capitalization of at least 100 million USD.
Average daily traded value of at least 1,000,000 USD over the last six months.
ADRs, GDRs, and listed common stocks which are deemed to have adequate constituent liquidity and custodial relationship access for an exchange listed product as determined by the Index Provider.