Category: Indexing

1. Background
According to the Guide to the LPX Equity Index Series, Section 1.2, the LPX indices show a CAP of 10% for each constituent instrument in the index. In order to mitigate cluster risk in heavy weight constituents, the new proposed CAP is 7.5% for each constituent instrument in the index. Please contact us for detailed information.

2. Consultation Term
All market participants are invited to contact us until Friday October 23, 2020.

1. Index Mutations
Index Inclusions:
• HGCapital Trust (HGT LN, GB00BJ0LT190)

Index Exclusions:
• Aurelius Equity Opportunities (AR4 GY, DE000A0JK2A8)

2. Announcement Dates
Date of chaining (based on closing prices):
• Tuesday, July 14th, 2020
Effective Date:
• Wednesday, July 15th, 2020