Capital markets index

CPMKTS measured the capital markets on a consolidated basis. Rather than further subdivide the market as other indexes do, CPMKTS viewed the capital markets on a broader basis and therefore included stocks, bonds, and money market instruments. It satisfied the needs of both professional and lay investors for a measurement tool for mixed or blended portfolios and provided the basis for a wide variety of investment instruments.

Other indexes within the CPMKTS family measured the sub-segments of the market.

The Amex also published sub-indexes CPMKTE, CPMKTB, and CPMKTL, tracking equities, bonds, and liquidity, respectively.

The CPMKTS and its family of indexes were created to meet the market's need for:

1. More sophisticated measures of capital market performance
2. Improved measures of risk and return
3. Better tools to make asset allocation and investment decisions

Highlights of the CPMKTS index included:

1. Comprises stocks, bonds, and money market instruments from the US investment-grade capital markets.
2. Component fixed income securities, and money market instruments are revised monthly. Component equity securities are revised quarterly. All weightings are revised monthly.
3. Completely transparent rules-based selection criteria.
4. Back-tested to December 1979 using the same methodology employed for ongoing revisions and calculations.

Dorchester [www.cpmkts.com] has collected over 30 years of historical data—including government statistics and market changes—which are now stored in the company's computers (two systems in Houston and a redundant system in Chicago). Each day 200 million pieces of information are added.

The data is organized, processed, and updated every 15 seconds. This statistical selection removes the subjectivity associated with other indexes. It accurately represents the history, mix, and behaviour of the capital markets.

The index is inactive as of 2020 with the trademark being canceled in 2014, and the last available data is from December 2015.[4]

Paul Stockton

Paul E. Stockton is responsible primarily for Sales and Marketing and serves on the company's Advisory Board. Mr. Stockton has broad and diverse experience spanning research, marketing, sales, general management, and consulting for global market leaders.

Brandon Wallace

Brandon Wallace has over 15 year's experience developing financial analytics software. His areas of expertise include fixed income analytics, portfolio management tools, database design, data gathering, and accounting. Brandon’s responsibilities with Dorchester involve designing and implementing the index equity and fixed income analytics, the securities database, and the automated systems which acquire, standardize, and merge the data from various financial data providers.