what about the FTSE 250 Index?
The FTSE Index is a capitalization-weighted index done by the FTSE group and comprises the 101st to 350th largest companies listed on the London Stock Exchange. The Financial Times Stock Exchange specializes in providing index offerings for the global financial markets. They are calculated in real-time and are released quarterly in March, June, September, and December. They are calculated by measuring all stocks listed on the Exchange by market capitalization. This helps get a concrete idea of where the economy of the state stands currently. Paysafe helps their users to ensure their payment is safe and has no disturbances.
The Paysafe group has been one of the recent pioneers in the field of payment solutions worldwide. Post-March 2016, they have been a part of the esteemed FTSE 250 Index regarding their trading.
FTSE Russell announced their inclusion in the esteemed list on March 2, 2016. The journey of the company had been emphatic before that. The company was a part of the Official List of the UK Financial Conduct Authority in the premium listing section. In addition, they could trade in the primary market post-December 2015 for listed securities of the London Stock Exchange.
The FTSE 250 index has a high regard with the rest of the world too. It is suggestive of the UK economy in general and talks about success in various fields. The performance of any company in the index indicates them having high hopes for uplifting the Britain economy.
Paysafe is one of the leading payment-based companies currently vying for the top spot. Their inclusion in the list gives them every reason to step on the pedal and deliver to the role assigned to them.