NEW YORK, June 20, 2013 /PRNewswire/ -- S&P Dow Jones Indices announced today that submissions are now being accepted for the third annual SPIVA Awards. The international awards program recognizes excellence in research on the topic of index-related applications. The SPIVA Awards supports researchers from around the world that explore innovative techniques that enhance the use of indices in the financial markets. US $45,000 in total prize money (a first prize of $30,000 and an honorable mention of $15,000) will be awarded to individuals or teams for the development of distinctive, high-quality research in the use of financial market indices for investment analysis and management. The SPIVA Award winners will be announced in 2014. Eligible research papers are those completed during the 24 months prior to the submission deadline which have not been published in a refereed journal. Working papers posted on SSRN.com or similar sites are award eligible. Laureates will be selected by a jury of academics and industry experts. Research should be submitted electronically at www.spdji.com/spiva-awards and must be received by S&P Dow Jones Indices on or before the submission deadline of November 15, 2013. Rules governing the contest can also be found at www.spdji.com/spiva-awards. The SPIVA panel of judges comprises recognized professionals and academics from S&P Dow Jones Indices, New York University Stern School of Business, Virginia Tech's Pamplin College of Business, Evensky & Katz of Florida, and California'sSanta Clara University'sLeavey School of Business. Papers should cover topics related to the use of financial market indices in investment programs, products, evaluation, performance or similar activities, which will be broadly defined. This includes such areas as: trading and investing in ETFs, index linked futures, options, swaps, portfolios or funds; hedging, insuring or managing investment risks; and index performance, calculation, or maintenance. Research focusing on applications of indices to investments or topics directly relevant to investment questions is especially welcome.