Euronext Adds To AEX Lineup

February 24, 2014

Euronext N.V. in December launched two new indexes that provide exposure to 75 of the largest companies on the Amsterdam stock exchange.

The new indexes are the AEX All-Tradable Index and the AEX All-Tradable Alternative Weighting Index, and both are weighted based on free-float market capitalization.

The former’s constituents have a cap of 15 percent per stock, and this is reviewed annually.

The alternative weighting index has a cap of 9 percent per stock and this is reviewed quarterly. In addition, any stocks weighted at more than 4.5 percent can only make up 36 percent of the total alternative index.

Euronext N.V is a wholly owned subsidiary of IntercontinentalExchange Group. The new indexes are an expansion of the existing AEX, AMX and AScX index range.

Both new indexes will be calculated on a price, net return and gross return basis every 15 seconds.

 

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