On March 1st, 2010 NASDAQ OMX will change the index algorithm used when calculating the OMX Copenhagen 20 Index. The same algorithm is currently used for calculating the VINX30 index and this is a step in harmonizing the index algorithms for the indexes in the Nordic region. The result of the calculation will be unchanged, no new fields, columns or rows will be added or deleted to the reports. The change only refers to the presentation of the index in the morning weight report. The only effect this change has is how the price in column “Old Price” is presented in the OMXC20 morning weight report whenever there is a corporate action, for example a rights issue. On the ex-date, the current algorithm displays “Old price” as the theoretical ex-rights price of the effected constituent. The new algorithm displays the last paid price on the cum-date, but the “Old Market Cap” is however adjusted for the rights issue through the correction factor. For further information concerning this notice please contact Michael Olsson or Erik Hågemo, telephone + 46 8 405 6296, e-mail index@nasdaqomx.com
NASDAQ OMX changes index algorithm for the OMX Copenhagen 20 Index effective March 1st, 2010
| Source: Index