SRDX - Short RDX
Indexlaunch: 22 October 2010
Main Features of the Short RDX:
The Short RDX (SRDX) is calculated and disseminated on a real-time basis in EUR and USD by
Wiener Börse AG. The composition of Short RDX corresponds to that of RDX (Russian Depositary
Index). The performance of the Short RDX is linked to the development of RDX and reproduces it with
a leverage of approximately -1. In addition to the inverse devel-opment of RDX, the Short RDX
offers interest payments in the amount of the double interbank rate EONIA.
The Short RDX may be used as underlying for structured products and for standardized
derivatives (futures & options).
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| SRDX EUR | SRDXEUR <Index> | .SRDXEUR | CET 09:15 - 17:45 | |
| SRDX USD | SRDXUSD <Index> | .SRDXUSD | CET 09:15 - 17:45 |
Main Features of the Short RDX:
- Capitalization-weighted performance index.
- Dividend payments of the index members are reinvested.
- Inverse development of RDX
- The Short RDX is calculated on each day London Stock Exchange is open for trading.
- The composition of Short RDX corresponds to that of RDX.
- All decisions regarding the index are taken by the RDX committee.