IATX® - Austrian Real Estate Index
Indexlaunch: 02.01.1991
Main Features of the Austrian Real Estate Index:
The most liquid and highest capitalized real estate stocks, which are listed on Wiener Börse
form the Austrian Real Estate Index (IATX), a benchmark-index for Austrian property companies. The
index is calculated in EUR and USD and disseminated in real-time by Wiener Börse AG. It is designed
as a tradable index to be used as an underlying for structured products and standardized
derivatives.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| IATX | IATX <Index> | .IATX | CET 9:00 - 17:45 |
Main Features of the Austrian Real Estate Index:
- Dividend payments are not considered
- Possible free float factors that an index member can have: 0.10 - 0.20 – 0.30 - 0.40 - 0.50 – 0.60 - 0.70 - 0.80 - 0.90 - 1.00.
- Representation factors can take values between 0.01 and 1.00 and are used to avoid that an index member exceeds a max. weighting cap of 35%.
- Calculation on every day the Vienna Stock Exchange is open for trading (also in case of an exchange holiday in Austria).
- New index values are triggered in real-time by new traded prices of the index members.
- Eligible for inclusion: only ordinary shares of Austrian real estate companies, listed and traded at Vienna Stock Exchange.
- Quarterly review and adjustments of the calculation parameters.
- Revision and changes to the index composition on a semi-annual basis (March / September).
- All decisions regarding the index are taken by the index committee.