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The Nexus
BUSINESSJul 28 · 04:00 UTCFINANCIAL TIMES WORLD

Mundane trade fuelled large Wall Street windfall as indices rebalanced

Betting on companies whose stocks are added or dropped from indices has led to a significant Wall Street windfall as indices rebalanced this year. This strategy, described as mundane, has regained popularity and profitability.

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Wall Streetorganizationindicestopicbetting on which companies’ stock will be added or droppedtopic
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