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KBW Announces Change to KBW Capital Markets Index (KSX)

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^{Published in Business and Finance on Wednesday, June 30th 2010 at 13:40 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), announces upcoming change to the KBW Capital Markets Index.

Effective prior to the opening of business on Tuesday, July 6, 2010, Stifel Financial Corp. (NYSE: SF) will undergo an increase in shares to account for its acquisition of Thomas Weisel Partners Group Inc. (NASDAQ: TWPG).

The KBW indices that have tradable exchange traded funds are: KBW Bank Index (Index Symbol: BKX^SM, ETF Symbol KBE^SM); KBW Capital Markets Index (Index Symbol: KSX^SM, ETF Symbol KCE^SM); KBW Insurance Index (Index Symbol: KIX^SM, ETF Symbol KIE^SM); KBW Mortgage Finance Index (Index Symbol: MFX^SM, ETF Symbol: KME^SM); and KBW Regional Banking Index (Index Symbol: KRX^SM, ETF Symbol: KRE^SM, KRS^SM, KRU^SM).

About KBW

KBW operates in the U.S., Europe and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and Keefe, Bruyette & Woods Asia Limited. It also offers asset management services through KBW Asset Management, Inc. Founded in 1962, the firm is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. The firm has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading for financial services companies.