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Unscheduled adjustment in SDAX

Release date: 03 Jan 2020 | Deutsche Börse

Unscheduled adjustment in SDAX

Comdirect Bank AG to be deleted from index, Vossloh AG to be added

On Friday, Qontigo’s global index provider STOXX Ltd. announced an unscheduled change to the SDAX index. Due to the takeover of Comdirect Bank AG (DE0005428007) by Commerzbank AG (DE000CBK1001) the free float of Comdirect Bank AG falls below 10 percent. 
According to the Guide to the DAX Equity Indices, section 5.1.5. Adjustments in the Case of Mergers and Acquisitions, Comdirect Bank AG shares will be deleted from the SDAX index. They will be replaced by Vossloh AG (DE0007667107).

These changes will become effective on 8 January 2020.

The next scheduled index review is 4 March 2020. 

SDAX® is a registered trademark of Deutsche Börse AG.

About Qontigo 

Qontigo is a financial intelligence innovator and a leader in the modernization of investment management, from risk to return. The combination of the company’s world-class indices and best-of-breed analytics, with its technological expertise and customer-driven innovation enables its clients to achieve competitive advantage in a rapidly changing marketplace. Qontigo’s global client base includes the world’s largest financial products issuers, capital owners and asset managers. Created in 2019 through the combination of STOXX, DAX and Axioma, Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London.

About STOXX

STOXX Ltd. is Qontigo’s global index provider, currently calculating a global, comprehensive index family of over 10,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets. 

STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. 

Qontigo’s index provider STOXX is part of Deutsche Börse Group, and the administrator of the DAX indices under the European Benchmark Regulation.


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