Replacements for Linde in DAX and STOXX indices announced
Qontigo's global index provider STOXX Ltd. has announced extraordinary component changes in the DAX and STOXX indices. As made public on 19 January, Linde plc will be deleted from the DAX index and several STOXX indices.
The deletion of Linde from the DAX index will be carried out according to chapter 5.1.2 “Breach of the Basic Criteria” of the Guide to the DAX Equity Indices. For STOXX indi-ces, chapter 10 “Limitations” and chapter 8.6.4 “Delisting” of the STOXX Calculation Guide apply.
Linde will be replaced as follows:
DAX: Commerzbank AG
In MDAX Nordex SE replaces Commerzbank AG. Deutsche Beteiligungs AG will be in-cluded in the SDAX.
EURO STOXX 50®: Unicredit S.p.A.
STOXX® Europe 600: SINCH AB
Further information can be found in the Index Updates sections for STOXX indices and for DAX indices.
All changes will become effective on 27 February 2023.
DAX®, MDAX®, SDAX® and TecDAX® are registered trademarks of Qontigo Index GmbH.
About Qontigo
Qontigo is a leading global provider of innovative index, analytics and risk solutions that opti-mize investment impact. As the shift toward sustainable investing accelerates, Qontigo enables its clients—financial-products issuers, asset owners and asset managers—to deliver sophisti-cated and targeted solutions at scale to meet the increasingly demanding and unique sustain-ability goals of investors worldwide.
Qontigo’s solutions are enhanced by both our collaborative, customer-centric culture, which allows us to create tailored solutions for our clients, and our open architecture and modern technology that efficiently integrate with our clients’ processes.
Part of the Deutsche Börse Group, Qontigo was created in 2019 through the combination of Axioma, DAX and STOXX. Headquartered in Eschborn, Germany, Qontigo’s global presence in-cludes offices in New York, London, Zug and Hong Kong.
www.qontigo.com
About STOXX
STOXX® and DAX® indices by Qontigo comprise a global and comprehensive family of more than 16,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, Qontigo’s portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets.
STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products and passively managed investment funds.
STOXX Ltd. is the administrator of the STOXX and DAX indices under the European Benchmark Regulation and exercises control over all benchmark administration processes within Qontigo.
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