What is "indxx"

Indxx, LLC is a global diversified financial services firm. Founded in 2005 by Mexx Co-founder PK Sen Sharma, the company has offices in New Delhi, India; New York, USA; and London, UK. It currently has four main business groups: Index Development, Index Calculation, Analytics and Research.

The firm's index division specializes in the development and publishing of proprietary custom indices, which are licensed to financial intermediaries worldwide. The company's global presence allows 24-hour continuous work capability, a model that offers more personalized service, responsiveness and adaptability compared to traditional larger, more-established index providers. Indxx indices are currently used as benchmarks for exchange-traded funds, SMAs, and other financial products.