The WSJ and DJ FX Trader launch the WSJ Dollar Index. Named the BUXX, it differs from other...

|By:, SA News Editor

The WSJ and DJ FX Trader launch the WSJ Dollar Index. Named the BUXX, it differs from other dollar indexes by being reweighted over time to adjust for changes in the trading volume of the currencies in it. Among those it goes up against is the Dow Jones FXCM Dollar Index, in which WSJ publisher Dow Jones owns 2.6%.