NYSE Euronext (NYX) has launched the CAC International 25 Index to increase the visibility of global firms listed in Paris.
The CAC International 25 Index reflects the performance of the 25 largest international companies listed on NYSE Euronext in Paris based on total market capitalizations and local trading volumes. Index constituents are equally weighted.
This new index is calculated and published at the end of each trading day after the market closes. The CAC International 25 Index will be revised annually in September and rebalanced four times a year in March, June, September, and December.
“We are very pleased to expand our offering of indices with the launch of the CAC® International 25 Index. Inclusion in one of NYSE Euronext indices, which are market benchmarks, increases visibility in the financial community,” says George Patterson, Head of Global Index Design, Global Index Group at NYSE Euronext.
“The new CAC International 25 Index demonstrates our commitment to offer increased visibility and better liquidity to international companies listed on our markets,” says Diederik Zandstra, Head of International Listings at NYSE Euronext. “This is one of a series of initiatives including Fast-Path, a listing procedure launched by NYSE Euronext in 2008, that are designed to attract global companies to Paris. The CAC® International 25 Index includes several high-profile firms that have recently joined our market using this streamlined and cost effective listing option.”