The stocks of Fondul Proprietatea (FP) will be included in three of the regional indexes of Vienna Stock Exchange. The decision was made today by the Index Committee of the Vienna Stock Exchange. Starting September 19, FP stocks will be up for trade in the SETX (Southeast Europe Traded Index), the CECExt (CECE Extended Index) and the NTX (New Europe Blue Chip Index).
This move is set to enhance the visibility of FP among of retail and institutional investors and should boost trading volumes in FP shares. Currently, 12 financial institutions, including Barclays, Erste Bank and Commerzbank offer numerous certificates and ETFs (Exchange Traded Funds) based on the SETX, CECExt and NTX indices.
After listing on the Bucharest Stock Exchange (BVB), Fondul Proprietatea stocks were added to the ROTX – Romanian Traded Index, and today the weighting is over 20 percent. The ROTX was launched in March 2005 by the Vienna Stock Exchange in cooperation with BVB and is used by nine financial institutions as an underlying for index certificates and funds.
Since 1997, Vienna Stock Exchange has been the regional leader in CEE indices and structured products. Currently, the Vienna Stock Exchange computes 47 international indices. Over 95 financial institutions worldwide currently offer several thousand structured products and funds based on the indices calculated by the Vienna Stock Exchange.