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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.
