BME completes the series of IBEX® indices with the creation of two representative indices of the securities listed in the BME Growth segment of the BME MTF Equity Market. The purpose of the indices, called IBEX GROWTH MARKET® 15 and IBEX GROWTH MARKET® All Share, is to provide visibility to BME GROWTH MARKET companies, as well as to serve as underlying financial products.
Calculation and dissemination of the new indexes in real time started on 1 June 2017.
The IBEX GROWTH MARKET® 15 index is designed to gauge the performance of the fifteen companies with the highest trading volume in the BME Growth segment of the BME MTF Equity Market. This index is selective, trackable and tradable.
The IBEX GROWTH MARKET® All Share Index is made up of those listed in the BME Growth segment of the BME MTF Equity Market, with the exception of SOCIMIs. It aims to give BME Growth companies visibility and measure their progress in the market. It does not therefore have any specific number of components.
The constituents on these indexes will be weighted based on their freefloat-adjusted market capitalisation.
The indexes are calculated on the basis of the technical specifications for the composition and calculation of the IBEX® indexes and their base level is 1,000 basis points at 31 December 2015. The IBEX® index Technical Advisory Committee will review the composition of the indexes every six months.