RDX® - Russian Depositary Index
Indexlaunch: 08.10.1997
RDX is a capitalization-weighted price index and is made up of ADRs/GDRs of Russian blue chip stocks, which are continuously traded at London SE on IOB. Calculated in EUR and USD and disseminated in real-time by Wiener Börse, RDX is designed as a tradable index and is used as an underlying for standardized futures and structured products.
RDX is a capitalization-weighted price index and is made up of ADRs/GDRs of Russian blue chip stocks, which are continuously traded at London SE on IOB. Calculated in EUR and USD and disseminated in real-time by Wiener Börse, RDX is designed as a tradable index and is used as an underlying for standardized futures and structured products.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| RDX EUR | AT0000802079 | RDX <Index> | .RDXEUR | CET 09:15 – 17:45 |
| RDX USD | AT0000634076 | RDXUSD <Index> | .RDXUSD | CET 09:15 – 17:00 |
Main Features of the RDX:
- 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 25%.
- UCITS III
- Calculation on every day that LSE is open for trading (also in case of an 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 (every two minutes).
- Changes to the index composition are decided by the RDX-Committee on a quarterly basis.
- Quarterly review of the calculation parameters
- Eligible for inclusion: ADRs/GDRs for ordinary shares of joint-stock companies domiciled in Russia, that are listed and introduced into trading at the local official stock exchange.
- Only prices generated through electronically matched trades (“Automatic Trades”) are considered for the calculation.