Vienna Stock Exchange News

Discontinuation of Russian depositary indices

(Vienna) The CEE & CIS Emergency Committee of Wiener Börse AG has decided to discontinue the calculation of the Russian Depositary Index (RDX) and 14 other indices with Russian Depositary underlyings. The 15 indices suspended since the beginning of March were based on prices determined on the London Stock Exchange (IOB). The decision is effective as of today, 17 May 2022. Outstanding structured products can be switched to Russian indices with a local price source (Moscow Stock Exchange). The calculation of all Russian indices with the price source Moscow is paused until further notice. In addition, the composition of the local Russian indices changes due to the exclusion of Russian companies that are targets of sanctions imposed by the European Union.

The decision of the CEE & CIS Emergency Committee is based on previous Russian legislative changes which, among other things, prohibit Russian issuers from trading their shares outside Russia via Depositary Receipts (DRs). In the future, the CEE & CIS Index Committee will decide on a possible resumption of the calculation of the Russian indices with Moscow as the price source.

 

For further information, please contact:

 

 

Julia Resch

Julia Resch

Head of Corporate Communications & Marketing, Spokesperson

julia.resch(a)wienerboerse.at
+43 1 531 65-186

 

 

 

Laura Marchler

Laura Marchler

Corporate Communications

laura.marchler(a)wienerboerse.at
+43 1 531 65-153

 


About the Vienna Stock Exchange

As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses. 

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