The following parameters are updated for the purpose of calculating a share's weight in the index, at the end of the first Thursday of February, May, August and November* (Quarterly fix parameter update effective date):
|
Parameter |
Mechanism |
|---|---|
|
Based on the listed capital for trading on the parameters record date |
|
|
Based on the free float rate on the parameters record date |
|
|
Calculated based on data on the parameters record date |
|
|
The greater of the median trading volume bracket and the median trading velocity bracket |
- Quarterly fix parameter update record date occurs three weeks prior to the quarterly fix parameter update date (quarterly rebalance date).
- Quarterly fix parameter publication date occurs two weeks prior to quarterly fix parameter update date (quarterly rebalance date) **.
*If on that day there is no trading on the TASE or on U.S. Stock Exchanges (NASDAQ/ NYSE) or on London Stock Exchange, update date is the next trading day, which is trading on U.S. exchanges and on London Stock Exchange as well. Changing the update does not carry a change in Record Date.
**If on that day there is no trading on the TASE, publication date is the next trading day. Changing the publication date update does not carry a change in Record Date.
