NYSE Euronext réorganise les indices de son marché français (03/02/11)
Paris, Thursday, 03 February 2011 – NYSE Euronext (NYX) today announced plans to harmonise its range of indices in Paris to further enhance visibility and liquidity for both issuers and investors.
The changes have been approved by the Expert Indices Committee of NYSE Euronext in Paris and will take effect on 21 March 2011. They include extending rules used to manage the CAC 40® index to all market-wide indices for NYSE Euronext[1] in France, removing some indices with limited added value, and revising others to better represent the market’s three main segments: small, medium-size and large capitalisations.
The CAC 40® is the leading benchmark for Paris on international markets. A tool for portfolio development, it is the basis for a growing range of structured products and derivatives, and is made up of stocks selected on the basis of free float[2] and turnover. NYSE Euronext indices in Paris will now all be subject to the same rules as the CAC 40®: they will be calculated and disseminated in real time – every 15 seconds – making them more dynamic than ever, and facilitating their replication and the listing of derivatives based on them.
Changes in the range of NYSE Euronext indices in Paris are shown below:
https://www.euronext.com/sites/www.euronext.com/files/nyse_euronext_reo…
“ With the NYSE Euronext family of indices, listed companies can raise their visibility in the financial community and boost trade volumes. Indices also serve as bases for new financial products and are benchmarks for both investors and fund managers,” said Roland Bellegarde, NYSE Euronext’s Group Executive Vice President in charge of European Listing Business and Cash Trading.
“ Changes within NYSE Euronext’s range of indices in Paris are aimed at improving the liquidity and visibility