Index License: According to a press release, S&P Dow Jones Indices has licensed Trade[XYZ] to launch, "the first and only officially licensed perpetual derivative contract based on The 500®." More than 550 global financial institutions are licensed to build investment products linked to S&P's indices.Exclusive Access: According to S&P Global website, "A license with S&P DJI gives an organization the data and permissions needed to replicate the performance of one or more of our indices in their investment p ...