# MerQube

> MerQube designs, calculates and administers financial indices for banks, asset managers, insurers and investment product issuers. Its cloud-native platform supports custom rules-based strategies across equities, futures, options and multiple asset classes, including defined outcome and autocallable products.

- **Founded:** 2019
- **Headquarters:** New York, United States
- **Founders:** Vinit Srivastava (Co-founder and CEO), Keith Loggie (Co-founder and Head of Research), Praveen Yalagandula (Co-founder; founding CTO)
- **Products:** Index design, calculation and administration, The Garage, UBS CMCI calculation and administration, MerQube MicroSectors U.S. Travel Index, MerQube US Large-Cap Vol Advantage Autocallable Index
- **Notable:** Assumed calculation and administration services for more than 1,100 UBS CMCI indices., Reported FCA benchmark authorization in May 2023 and IOSCO principle adherence in September 2022., Reported approximately US$27 billion in assets tracking its indices in April 2026.

## Products & services

- **Index design, calculation and administration** — Custom methodologies and ongoing calculations for equities, futures, options and multi-asset strategies, including intraday rebalancing.
- **The Garage** — Self-service tools for custom baskets, single-stock return and decrement indices, options indices and client service workflows.
- **UBS CMCI calculation and administration** — Calculation and administration services for a commodity index family containing more than 1,100 indices, reported in 2022 and 2023.
- **MerQube MicroSectors U.S. Travel Index** — Tracks large, liquid U.S.-domiciled travel and tourism companies; liquidity weighted with caps.
- **MerQube US Large-Cap Vol Advantage Autocallable Index** — Represents a hypothetical portfolio of synthetic autocallables and is the benchmark used by Calamos CAIE.
- **MerQube South Africa Top 30 Index** — Selects ten stocks from each of Resources, Financials and Diversified sector groups; launched May 6, 2026 and underlies Oribi’s ETF.
- **MerQube QueensField US AI Powered Index family** — Partnered index family using QueensField AI research and signals across seven rules-based strategies; publicly announced in 2024.

## Achievements

- Assumed calculation and administration services for more than 1,100 UBS CMCI indices.
- Reported FCA benchmark authorization in May 2023 and IOSCO principle adherence in September 2022.
- Reported approximately US$27 billion in assets tracking its indices in April 2026.
- MerQube index used by Calamos Autocallable Income ETF, launched June 25, 2025.
- South Africa Top 30 index used by a JSE-listed ETF in July 2026.

## Latest updates

- **2026-04** — Series C announced with new investors 7RIDGE and Deutsche Börse; Deutsche Börse confirmed a US$15 million minority investment.
- **2026-04** — Calamos launched CAGE using a MerQube autocallable growth benchmark.
- **2026-05** — South Africa Top 30 index launched May 6.
- **2026-07** — JSE announced listing of Oribi South Africa Top 30 Index Prescient ETF on July 20.

## Links

- Website: https://merqube.com/
- LinkedIn: https://www.linkedin.com/company/merqube
- Twitter/X: https://twitter.com/merqube
- GitHub: https://github.com/merqube
- Facebook: https://facebook.com/merqube/

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Profile page: https://yespress.io/merqube
Published by YesPress — https://yespress.io
Last updated: 2026-10-03
