RDXxt® - RDX Extended Index
Indexlaunch: 01.03.2007
The RDXxt is a capitalization-weighted price index and is made up of at least 20 most traded ADRs/GDRs of Russian blue chip stocks, which are continuously traded at London Stock Exchange (LSE) on IOB. Calculated in USD and EUR and disseminated in real-time by Wiener Börse, the RDXxt is designed as tradable index to be used as underlying for standardized derivatives as well as for structured products.
The RDXxt is a capitalization-weighted price index and is made up of at least 20 most traded ADRs/GDRs of Russian blue chip stocks, which are continuously traded at London Stock Exchange (LSE) on IOB. Calculated in USD and EUR and disseminated in real-time by Wiener Börse, the RDXxt is designed as tradable index to be used as underlying for standardized derivatives as well as for structured products.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| RDXxt EUR | AT0000A03NN5 | RXEUR <Index> | .RXEUR | CET 09:15 – 17:45 |
| RDXxt USD | AT0000A03NM7 | RXUSD <Index> | .RXUSD | CET 09:15 – 17:45 |
Main Features of the RDXxt:
- 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 10%.
- 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).
- Semi-annual changes of number of the index constituents (March / September)
- Quarterly review of the calculation parameters
- UCITS and CFTC compliant
- Eligible for inclusion: only ADRs/GDRs (for Russian ordinary shares) traded at LSEn.
- Only prices generated through electronically matched trades (“Automatic Trades”) are considered for the calculation.