NASDAQ OMX Global Index Group is expanding the OMX Copenhagen 20 (OMXC20) index family and introduces weight limited versions (Price and Total return) of the OMXC20 index. The Exchange will maintain the weighting restrictions by using a semi-annual and a daily procedure. The market value of constituents issued by the same company may not exceed 20 percent of the index total market value. If the threshold is exceeded the constituents will be capped to 15 percent of the index total market value.
A total return version (GI) of the original OMXC20 index will also be launched.
The new indexes will be available as of November 28, 2011:
OMX Copenhagen 20 Cap PI (OMXC20CAPPI)
OMX Copenhagen 20 Cap GI (OMXC20CAPGI)
OMX Copenhagen 20 GI (OMXC20GI)
In connection to the new indexes the OMXC20 index methodology will also be revised. The revision is based on feedback from market participants and the changes will be made effective December 19, 2011.
The revised methodology contains editorial updates, a number of minor changes and clarifications as well as the new capping methodology. Please note that no changes have been made to the index selection criteria’s.
The new methodology document will be made available during week 46 in a separate notice and will also be published on the effective date on https://indexes.nasdaqomx.com. A technical notice, with full details about the new indexes, will also be published during week 46.
For further information concerning this notice please contact Index Operations, telephone + 46 8 405 6296, e-mail index@nasdaqomx.com
