GRE Clear issued Basic Rules for the Management & Calculation of ATHEX Stock Market Indices version 2.21, in order to improve the services, products and tools it provides.
Main Points
Changes aim to strengthen the representativeness of the indices at a sectoral level.
Improve the liquidity criterion for the inclusion of companies in the index composition.
Achieve a better weighting distribution among the companies participating in the index composition; adapt to changing market conditions caused by companies' inclusions.
Capture the performance of smaller capitalization companies not adequately covered.
The latest version reforms the eligibility criteria for participation in the composition of the General Price Index and introduced the new index called Small Cap Price Index.
Effectiveness
Changes effective from next regular composition review of ATHEX Stock Market Indices on May 2025.
