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INTRODUCTION
The FADX 15 is the first co-developed index under ADX’s strategic partnership with FTSE Russell. Positioned to be the main benchmark for the ADX market, the index is specifically designed as a tradable index. For the broader investor community, the index is apt for creation of index products like derivatives and ETFs
The FADX 15 is the first co-developed index under ADX’s strategic partnership with FTSE Russell. Positioned to be the main benchmark for the ADX market, the index is specifically designed as a tradable index. For the broader investor community, the index is apt for creation of index products like derivatives and ETFs
FADX 15
launch is a result of multiple discussions and intense work carried by FTSE Russell’s research & design team along with the ADX products and markets team. This index is uniquely designed to track the performance of the most liquid, and amongst the largest companies listed on the ADX main market.
launch is a result of multiple discussions and intense work carried by FTSE Russell’s research & design team along with the ADX products and markets team. This index is uniquely designed to track the performance of the most liquid, and amongst the largest companies listed on the ADX main market.
Key Features of FADX 15:
- 1
Tradable Index: It is designed to be a Tradable Index suited for index-linked investment products.
- 2
Constituent Universe: Companies are selected from the broader FTSE ADX General Index.
- 3
Market Capitalization Criteria: The largest 30 companies are eligible based on their Free Float adjusted Market Capitalization.
- 4
Liquidity Criteria: Companies are selected based on the 20-day median traded value.
- 5
Fast Entry: Large IPO Fast entry is allowed, subject to meeting thresholds.
- 6
Regular Updates: The index is reviewed and updated twice yearly, in March and September.
FADX15 INDEX
INDEX SUMMARY
Code
Index
High
Low
Open
Close
Prev Close
Change
Change %
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