The Executive Board of Deutsche Boerse AG in consultation with the Working
Committee for Equity Indices today decided to make additions to the Guide
to Equity Indices effective as per 3 November 2008.
Thus, an index constituent can be removed from the selection indices DAX,
MDAX or SDAX outside the regular adjustment dates, if its weighting in the
index concerned on a trading day is over 10,0 percent at the end of
trading due to its current free float market capitalization and if the
stock chart shows an annualized volatility over the course of the
preceding 30 trading days (30 days volatility) of more than 250 percent.
The applicable figures are being published by Deutsche Boerse AG on a
daily basis.
The decision to take out index constituents prematurely is made by the
Executive Board of Deutsche Boerse AG in consultation with the Working
Committee for Equity Indices. Removing will be done by the end of the
second trading day after the decision. Companies which would drop out due
to these rules can only be included again, if their 30 days volatility
(annualized volatility of the stock over a period of 30 trading days) at
the particular call date of the making of the ranking and on the 14
preceding days is each under 150 percent.
Committee for Equity Indices today decided to make additions to the Guide
to Equity Indices effective as per 3 November 2008.
Thus, an index constituent can be removed from the selection indices DAX,
MDAX or SDAX outside the regular adjustment dates, if its weighting in the
index concerned on a trading day is over 10,0 percent at the end of
trading due to its current free float market capitalization and if the
stock chart shows an annualized volatility over the course of the
preceding 30 trading days (30 days volatility) of more than 250 percent.
The applicable figures are being published by Deutsche Boerse AG on a
daily basis.
The decision to take out index constituents prematurely is made by the
Executive Board of Deutsche Boerse AG in consultation with the Working
Committee for Equity Indices. Removing will be done by the end of the
second trading day after the decision. Companies which would drop out due
to these rules can only be included again, if their 30 days volatility
(annualized volatility of the stock over a period of 30 trading days) at
the particular call date of the making of the ranking and on the 14
preceding days is each under 150 percent.