RDX OIL® - RDX Oil & Gas
Indexlaunch: 12.01.2010
The RDX Oil & Gas (RDX OIL) is a capitalization-weighted price index and is made up of the most liquid and highest capitalized, continuously traded ADRs/GDRs at London SE on IOB, which are classified as “Oil & Gas” companies according to the sector classification of Wiener Börse AG. The index is calculated in EUR and USD. It is disseminated in real-time by Wiener Börse AG and designed as tradable index to be used as underlying for standardized derivatives (futures & options) and for structured products.
The RDX Oil & Gas (RDX OIL) is a capitalization-weighted price index and is made up of the most liquid and highest capitalized, continuously traded ADRs/GDRs at London SE on IOB, which are classified as “Oil & Gas” companies according to the sector classification of Wiener Börse AG. The index is calculated in EUR and USD. It is disseminated in real-time by Wiener Börse AG and designed as tradable index to be used as underlying for standardized derivatives (futures & options) and for structured products.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| RDX OIL EUR | AT0000A0FP50 | RDOILEUR <Index> | .RDOILEUR | CET 09:15 – 17:45 |
| RDX OIL USD | AT0000A0FP68 | RDOILUSD <Index> | .RDOILUSD | CET 09:15 – 17:45 |
Main Features of the RDX OIL:
- The RDX OIL is calculated on every day, on which trading on LSE takes place (also in case of an exchange holiday in Austria).
- Real-time calculation and dissemination.
- Only traded prices (transmitted via Reuters) are considered for the calculation of RDX OIL. Block Trades or calculated prices will not be considered.
- No index adjustments due to dividend payments or similar distributions.
- The effective free float of a company is tracked by free float factors: 0.10 - 0.20 – 0.30 - 0.40 - 0.50 – 0.60 - 0.70 - 0.80 - 0.90 - 1.00
- The representation factors can take values between 0.01 and 1.00 and are used to avoid an index member exceeding a maximum weighting cap of 25%.
- New index values are triggered by new traded prices of index members (update real-time) or by new exchange rates EUR/USD (updates every 2 minutes).
- Quarterly review and adjustments of the weighting factors.
- Semi-annual revision of the number of index constituents (March / September).
- The changes to the index composition are decided by the Index Committee on a quarterly basis.
- All decisions regarding the index are taken by the Index Committee at its quarterly meetings.