CECE DVP® - CECE Dividend Points
Indexlaunch: 21.03.2011
The CECE EUR Dividend Points (CECE EUR DVP) is a special index, which shows the cumulated
regular, ordinary gross dividend payments of all index members of the CECE EUR, during the period
of one year, converted into dividend points. The relevant period under consideration for dividend
payments goes from December expiry of the current year to December expiry of the next year. After
every December expiry, the index value is set back to 0.
The index is calculated and published end-of-day in EUR and is designed as to serve as
underlying for structured products and standardized derivatives (futures & options).
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| CECE EUR DVP | CECEEURD <Index> | .CECEEURD | end-of-day |
Main Features of the CECE EUR DVP:
- Only regular gross dividend payments of current CECE EUR members are considered
- Dividends are converted into index points by using the calculation factors of the base index (CECE EUR Price Index)
- The calculation of index dividend points is always effective on the respective ex-dividend date
- Index Points are calculated basing on the WM/Reuters FX rate of 17:00 CET
- Relevant observation period of 12 month from December expiry of one year to December expiry of the next year
- The dividend index points are cumulated throughout the observation period
- The index value is set back to 0 after every December expiry date
- Futures available on the derivatives market of Wiener Börse AG