SWX Swiss Exchange: New Standardisation And Symbol Change By SMIM® And SMI Expanded®

SWX message no. 45/2005 of 1 Juli 2005 informed you about the introduction on the international derivatives market Eurex as of September 19, of a futures contract on SMIM®, the Swiss mid-cap index.

The SMIM® Future references the price index in the same way as the SMI®. In order to simplify trading, the SMIM® price index will receive the abbreviation SMIM as of August 2 and be reset at 1000 points, instead of 100 points as of December 31, 1999 (index level times 10).

The SMI Expanded®, which is made up of the SMI® and SMIM®, will be simultaneously renamed and the price index analog to the SMIM®-Index reset.

Click here for full details.