A data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
The first edition of the Euronext Index Outlook series with a particular focus on the European Strategic Autonomy Index.
Investors benefit from a centralised market place that will not only bring transparency but also better pricing due to the grouping of liquidity.
First financial institution in Europe to issue a bond dedicated to the defence sector
Trade mini bond futures on main European government bonds
Euronext and Nord Pool, the European power exchange, announced the launch of a dedicated Nordic and Baltic power futures market.
Join the Euronext Trading Game and step into capital markets. Learn from today’s leaders, explore sustainable opportunities, and trade with confidence.
Euronext would like to consult on proposed changes to the rulebook methodology of the OB Benchmark and Mutual Fund Index Family.
Oslo Børs conducts its reviews on a semi-annual basis. For index inclusion into the OSEBX and OSEFX, turnover data from the preceding 12 months is taken into account. The issue arises for newly listed companies, which lack turnover data covering the full Relevant Period. As a result, recent IPOs face a heightened risk of exclusion from the index due to low turnover rankings.
This consultation proposes to address this issue by introducing a measure that extrapolates turnover for recently listed companies with only limited available turnover data.
Current rule:
Step 3: Selection Ranking
Eligible Companies are ranked according to 12 months Turnover (EOB) up to and including the Review Cut Off Date. The 12 days with the highest Turnover (EOB) for each security are excluded from the calculation. Companies are also ranked within their ICB Super Sector in accordance with their Free Float Market Capitalization. The ranking includes all Companies from the Index Universe, and thus also includes Companies within the lowest 40% in terms of Turnover (EOB) as well as Companies that have been traded less than 90% of the trading days.
Proposed rule (changed parts underlined):
If a company’s value of Turnover (EOB) is not available for the entire relevant period, the available value of Turnover will be extrapolated to the entire Relevant Period. In such cases, the value of Turnover during the first twenty days that the company was admitted to listing will be ignored.
Stakeholders will have until the 3rd of March 2026 to react to the consultation. The new rules, if validated by Index Design, will be implemented as of the September 2026 Review.