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Aiming to increase the functioning, readability and effectiveness of FTSE/ATHEX Index Series, Athens Exchange and FTSE Russell - following a treatment that has been applied in the past for other FTSE/ATHEX Index Series ? decided to rebase
- FTSE/ATHEX Large Cap Index (FTSE) by multiplying its current value by 10
- FTSE/ATHEX Banks Index (DTR) and FTSE/ATHEX-CySE Banking Index (FTSEB) by multiplying its current values by 20
after the close of business on the 3rd Friday of June 2016 (17/06/2016).
After the rebase, indices will remain an accurate measure of ATHEX Market trading activity, along with improving the trading of the products that track the indices.
Clients with historic database values should apply the rebasing after the close of business on Friday June 17th 2016, and before start of business on Tuesday June 21st 2016, to ensure that records remain accurate.
High, low, open and close value for the index will also be affected while no official historic values will be issued.
