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Article: ISTANBUL AND ATHENS STOCK EXCHANGES LAUNCH JOINT INDEX (GT-30).
- Article from:
- AsiaPulse News
- Article date:
- September 29, 2009
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ISTANBUL, Sept 29 Asia Pulse - Istanbul Stock Exchange (IMKB) and Athens Exchange (ATHEX) launched Monday a joint index named GT-30, in order to issue a common exchange traded fund (ETF) that will be traded in both markets.
IMKB which announced the launch of GT-30 index with a press release said the index would be calculated by STOXX Ltd. and will be carried to stock market data providers through CEF Feed (Deutsche Boerse System) in both TL and Euro values.
The retrospective date for beginning of index calculations will be 31 December 2005 with base value of 1000 and the price index will be updated every 15 seconds.
15 companies and/or banks ...