The transition implies that all adjustments to the Exchange's indices will be made using an adjustment factor instead of previously an adjustment amount. Also, the transition means that all adjustments will be made prior to the trading of the day meaning that the adjustment will not await the first trade in the concerned share, which has been the procedure until today.
The Exchange has in a period prior to the transition calculated all indices on both the old and new index platforms. The very change in the calculation algorithm means that the closing value on Friday 7 February and the opening value of today of the following indices will differ slightly: CSE151050GI, CSE1510GI, CSE15GI, CSE201070GI, CSE2010GI, CSE20GI, the KAXGI Index and the KFMXGI Index. The difference results from the fact that the shares NATI B and RIAS B following the most recent general meeting have not been traded, which is why the performance indices have not been adjusted on the old platform whereas the adjustment has been implemented on the new platform.
The rules applicable to the KFX Index have been changed in compliance with the new technical adjustments that have taken effect in connection with the transition to the new index platform. The updated KFX rules are available on the Exchange's website www.cse.dk.
