CECE® - CECE Composite Index
Indexlaunch: 04.01.1999
The CECE is a capitalization-weighted index consisting of the most traded Czech, Hungarian and Polish blue chip stocks which are members of the respective country index: CTX – Czech Traded Index, HTX – Hungarian Traded Index and PTX – Polish Traded Index. The index is calculated and disseminated in real-time by Wiener Börse. Designed as tradable index, CECE can be used as underlying for derivative instrument and structure products.
The CECE is a capitalization-weighted index consisting of the most traded Czech, Hungarian and Polish blue chip stocks which are members of the respective country index: CTX – Czech Traded Index, HTX – Hungarian Traded Index and PTX – Polish Traded Index. The index is calculated and disseminated in real-time by Wiener Börse. Designed as tradable index, CECE can be used as underlying for derivative instrument and structure products.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| CECE EUR | AT0000726476 | CECEEUR<Index> | .CECEEUR | CET 09:00 – 17:45 |
| CECE USD | AT0000999693 | CCEX <Index> | .CECEUSD | CET 09:00 – 17:45 |
Main Features of the CECE:
- Dividend payments are not considered
- Free float: percentage of its shares which are effectively available for trading. 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 maximum weighting cap of 20%.
- UCITS III
- The index is calculated on every day that at least one of the source stock markets (Czech, Hungarian or Polish) is open for trading. In case of an exchange holiday in Austria and an open market in at least one of the source stock markets, CECE is calculated.
- New index values are triggered in real-time by new prices in the index stocks, as well as by the currency updates, which occur every two minutes during the calculation period.
- Quarterly review of the calculation parameter by the CECE Index Committee
- Changes to index composition are decided by the CECE Index Committee on a bi-annually basis.