Index provider Standard & Poor's (S&P) has launched two unique regional and industry indices in collaboration with the Korea Exchange (KRX).

The S&P/KRX Asia 100 Index and the S&P/KRX Exchanges Index are the first indices developed by S&P and KRX since announcing a partnership in September 2008.

The S&P/KRX Asia 100 Index is a real-time market capitalization-weighted index designed to provide investors with a tradable and easily replicable snapshot of investable Asia. The Index includes the largest and most liquid stocks in leading Asian capital markets, including China, Hong Kong, Korea, Singapore and Taiwan.

The S&P/KRX Exchanges Index is comprised of nineteen leading publicly-traded, financial exchanges including five regional exchanges (Australian Stock Exchange, Osaka Securities Exchange, Hong Kong Exchanges & Clearing, Singapore Exchange, and Bursa Malaysia) which meet size, liquidity and tradability requirements. The Index is designed to provide tradable exposure to the global financial exchange industry.

Both Indices are designed and developed by Standard & Poor's while calculated, administered and distributed by KRX.

Tom Schiller, executive managing director and head of Standard & Poor's Asia-Pacific, said: "Well-designed and managed indices, incorporating leading global index methodologies, serve investors as benchmarks to measure investment performance while providing tools for passive investment such as ETFs, index funds and index derivatives. In today's uncertain market environment, global and industry diversification are key considerations for investors."