Posted November 06, 2018 07:11:24AAMZN, the global stock index company, announced today that it has signed a definitive agreement with Amazon to be the official provider of a stock index tracking platform.
AMZNs initial public offering (IPO) is scheduled for November 26, 2018, and the company expects to raise $500 million to fund the development and testing of the platform.
The agreement is a milestone for AMZNC, and is part of a broader agreement between the companies.
The AMZNI platform will allow AMZNN to track the performance of all of the stock indices on the market, and provide a complete and consistent view of all the stocks on the NASDAQ, the New York Stock Exchange, and other publicly-traded international stock exchanges.
The platform will also allow AMAZN investors to view AMZNA’s complete listing of all its stock index holdings.
AMAZNN is a global leader in the stock index market.
The company’s products are used in more than 190 countries, and its services are widely used by retail investors, portfolio managers, and institutional investors.AMZNC is a leading global technology company with more than $200 billion in revenues, including more than 10% of global sales, and a strong presence in the automotive, banking, consumer, medical, energy, aerospace, pharmaceutical, and consumer electronics markets.
AMNC is also the world’s largest private equity firm.
AMANC is a privately-held company headquartered in Chicago, Illinois.
AMZA is a technology company that builds software that manages more than 1.4 billion transactions annually.AMAZNA is a wholly owned subsidiary of AMZNS, which is wholly owned by AMZNK and is wholly-owned by AMAZNA.
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