Industry Classification Benchmark ICB was jointly launched by FTSE Group and Dow Jones Indexes in January 2005. The system is based on transparent management rules. All companies and securities in the ICB database are classified into four levels of industry according to the management rules. . The industry classification benchmark provides one of the most comprehensive, efficient, and easy-to-use industry classification systems for trading and investment decisions.
Industry Classification Benchmark
Industry Classification Benchmark ICB was jointly launched by FTSE Group and Dow Jones Indexes in January 2005. The system is based on transparent management rules. All companies and securities in the ICB database are classified into four levels of industry according to the management rules. . The industry classification benchmark provides one of the most comprehensive, efficient, and easy-to-use industry classification systems for trading and investment decisions.
Starting from the complex needs of investors, ICB has provided a unified and comprehensive industry classification system for the financial industry, and classified management of more than 40,000 companies and 45,000 stocks worldwide. The classification system is divided into four levels, including 10 industries, 18 super-industries, 39 industries, and 104 subordinate industries. It can help users monitor small-scale market segments while monitoring macro-industry trends, and perform quantitative and qualitative analysis. ICB's independent management and support from global research teams ensure accurate representation of the ICB system, continuous growth and continuity of market monitoring.
In 2005, ICB has become the market's preferred industry classification system, recognized and used by major global stock exchanges, including NASDAQ, New York Stock Exchange, London Stock Exchange, Euronext and Singapore Exchange, occupying the world market 65% of total capital. In addition, ICB has also been well received by many financial information and data providers worldwide, as well as publishers and media.
- Name
- Industry Classification Benchmark
- Name
- Industry Classification Benchmark
- Also known as
- ICB
- Founder
- FTSE Group and Dow Jones Indices
The ICB Industry Classification Standard ( Industry C lassification Benchmark ), the Global Industry Classification System (GICS) jointly launched by Standard & Poor's (S & P) and Morgan Stanley Corporation (MSCI), are listed as the two major global financial market industries. Classification criteria.
The ICB industry classification standard was developed by the FTSE Index. The ICB divides the entire macroeconomic market into sectors. This system includes 10 primary industries, then into 19 supersectors, and further into 41 basic industry sectors. A total of 114 subsectors.
The main purpose of ICB classification is to classify a single company into a sub-industry category. The main basis of classification is the company's "source of income", or "where does most of its income come from". If a company can be divided into several different parts, FTSE will make a final judgment on it, but the company can challenge this classification at any time.
The ICB divides the market into increasingly specific categories, which allows investors to use the ICB classification to compare industry development trends among well-defined sub-sectors.
On January 3, 2006, ICB replaced the traditional FTSE index and Dow Jones classification system and applied it to the NASDAQ-OMX Group, NYSE-Euronext, London Stock Exchange, Italian Exchange, Singapore Stock Exchange And other stock exchanges around the world. In addition to the two categories of securities investment institutions (8980) and non-securities investment institutions (8990), all other industry sectors are also reflected in the New York Stock Exchange listed company classification.
The ICB classification is widely used in global financial markets, but it is not particularly common compared with S & P's GICS.
ICB classification standard table (not listed in the fourth sub-industry classification)
Primary industry | Supraindustry sector | Industry sector |
0001 Energy | 0500 Energy | 0530 Oil and Gas Production |
0570 Oil & Gas Equipment and Services |
0580 Alternative Energy |
1,000 raw materials | 1300 Chemical | 1350 Chemical |
1700 Basic Resources | 1730 Forestry and Paper |
1750 Industrial metals and mining |
1770 Non-metal Mining |
2000 Industrial Products | 2300 Construction | 2350 Construction and Materials |
2700 Industrial Products and Services | 2710 Aerospace and Defense |
2720 General Industry |
2730 Electronic Power Equipment |
2750 Industrial Engineering |
2770 Industrial Transport |
2790 Ancillary services |
3000 Consumer Goods | 3300 cars and accessories | 3350 Cars and Accessories |
3500 Food and Drink | 3530 Beverage |
3570 Food Manufacturing |
3700 Personal and household items | 3720 Household Goods and Housing Construction |
3740 Leisure Products |
3760 Personal Items |
3780 Tobacco |
4000 Healthcare | 4500 Healthcare | 4530 Healthcare equipment and services |
4570 Pharmaceutical and Biotechnology |
5000 Consumer Services | 5300 Retail | 5330 Food and Drug Retail |
5370 General retail |
5500 Media | 5550 Media |
5700 Leisure Travel | 5750 Leisure Travel |
6000 Telecommunications | 6500 Telecommunications | 6530 Landline |
6570 Mobile Communications |
7000 Utilities | 7500 Utilities | 7530 Electricity |
7570 Gas, tap water |
8000 Finance | 8300 Bank | 8350 Bank |
8500 Insurance | 8530 Non-life insurance |
8570 life insurance |
8600 Real Estate | 8630 Real estate investment and services |
8670 Real Estate Investment Trusts |
8700 Financial services | 8770 Financial services |
8900 Securities | 8980 Securities Investment Institutions |
8990 Non-securities investment institutions |
9000 Technology | 9500 Technology | 9530 Software and computer services |
9570 hardware devices |
