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In response to the various indexing needs of our market participants, the Tokyo Stock Exchange will begin calculating and publishing the “TOPIX Ex-Financials” which except for the ” Banks”,” Securities and Commodities Futures”,” Insurance “,“ Other Financing Business” sector from TOPIX.
1. Outline
| Index name | TOPIX Ex-Financials |
| Calculation Method | free-float adjusted market capitalization-weighted |
| Projected Launch Date | September 2, 2013 |
| Base Date/Base Value | July 5, 1993 1,000 points |
| Total Return Index | Available |
| Calculation Interval and Data provide |
Price return index : Disseminated to securities companies, information vendors, etc. in real time (i.e. every 15 seconds) through the Market Information System (MAINS) Total return index : Provided closing price through the Tokyo Market Information service (TMI) |
2. Index Usage
A license is required to use these indices for the purpose of composing various financial products.
TSE is now accepting license applications for ETFs based on this index for the following period.
*License Application Period: From July 1st to July 31th of 2013
*Contact： Tokyo Stock Exchange, Inc. Information Services Dept.
e-mail:tminfo@tse.or.jp
Please refer to the following page, “TOPIX License” for details:
