Today, the Vienna Stock Exchange launched new Short and Leverage Indices and enlarged its existing index portfolio. Leverage Indices are based on an existing index (reference index) and achieve a leverage effect by applying a leverage factor to the development of the reference index. This leverage function means that the index participates in both positive and negative movements in the daily performance of the reference index. When the leverage is negative, it is referred to as a short index.
The newly introduced indices are based on the following indices of the Vienna Stock Exchange:
- ATX (Austrian Traded Index),
- CECE EUR (index for the region of Central and Eastern Europe), and
- RDX EUR (Russian Depositary Index).
For more information on the indices of the Vienna Stock Exchange, please visit www.indices.cc.
