PTX® - Polish Traded Index
Indexlaunch: 15.07.1996
The PTX is a capitalization-weighted price index and is made up of the most actively traded blue chips of Warsaw Stock Exchange. The index is calculated in EUR, USD and PLN 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 for standardized derivatives (futures & options).
The PTX is a capitalization-weighted price index and is made up of the most actively traded blue chips of Warsaw Stock Exchange. The index is calculated in EUR, USD and PLN 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 for standardized derivatives (futures & options).
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| PTX PLN | AT0000999636 | CECEPTL <Index> | .PTL | CET 09:30 – 16:30 |
| PTX EUR | AT0000726450 | PTXEUR<Index> | .PTXEUR | CET 09:00 – 17:45 |
| PTX USD | AT0000999677 | CPTX <Index> | .PTXUSD | CET 09:00 – 17:45 |
Main Features of the PTX:
- 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 25%.
- The index is calculated on every trading day of Warsaw Stock Exchange (also in case of holiday in Austria).
- 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.
- PTX universe: Only the ordinary tradable shares of companies, which have their seat in Poland and are listed on the Warsaw Stock Exchange, are eligible for inclusion.
- The calculation parameters are reviewed by the Index Committee on a quarterly basis
- 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