Deutsche Borse.com – STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced component changes in the STOXX Europe 50 Index due to the fast-exit rule. All changes become effective with the open of markets on Aug. 8, 2016.
STOXX Europe 50 Index
| Addition | Deletion |
| Vinci (FR, Construction & Materials, SGEF.PA) | Credit Suisse GRP (CH, Banks, CSGN.S) |
| ASML Hldg (NL, Technology, ASML.AS) | Deutsche Bank (DE, Banks, DBKGn.DE) |
Changes in the STOXX Europe 50 Index are being announced today due to the fast-exit rule. This rule states that components of the STOXX Europe 50 Index are monitored for any changes based on the monthly selection list ranking, i.e. on an ongoing monthly basis.
A component is deleted if:
» it ranks 75 or below on the monthly selection list; and
» it ranked 75 or below on the selection list of the previous month.
The deleted component is replaced by the highest-ranking non-component on the monthly selection list.
Please visit www.stoxx.com for further information.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
The GRSS acquisition strengthens the Euronext index franchise.
-
FTSE Russell has published its country classification review for equities and fixed income.
-
The index marks STOXX’s entry into the digital asset space.
-
The partnership accelerates the time-to-market for the delivery of customized solutions.
-
The S&P/B3 Ibovespa VIX index offers a 30-day view into Brazil's volatility expectations.