Frankfurt (8 March 2022) – In the aftermath of the announcement on 1 March 2022 on the treatment of Russian index components, MVIS has monitored a further change in trading conditions for Russian stocks/depositary receipts. In addition to exchanges that have already halted trading in these, the London Stock Exchange as the largest trading venue for Russian equities outside of Russia decided to halt trading in these as well. As a reaction to this further development, MVIS will also remove Russian stocks/depositary receipts from indices that are not reviewed in Q1 (with a price of zero), instead of waiting for the Q2 review as announced. This change will be effective in parallel with the Q1 review, after close on 18 March 2022.

Kind Regards,

MV Index Solutions

Most popular