Examples of Index Levels in a sentence
When this happens, it is necessary for the calculations of the Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect futures prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.
When this happens, it is necessary for the calculations of the affected Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect contract prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.
On the Figures 1 and 2 we can see that global financial crises caused one of the greatest single day drops for S&P 500 and average big drop of DJIA.Figure 1 DJIA Index Levels in last 125 years Source: Yahoo finance.
When this happens, it is necessary for the calculations of the Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations toensure that the Index Levels reflect futures prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.
When this happens, it is necessary for the calculations of the affected Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect Contract prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.
When this happens, it is necessary for the calculations of the affected Index to be adjusted, so that it remains replicable by market participants, i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect Contract prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.
The following sections detail how the Index Calculation Agent will calculate the daily Index Levels of the Index.
Index: The FTSE/JSE Top40 Index Index Sponsor: FTSE International Limited Exchange: JSE Limited (“JSE”) Index Business Day: Means any day on which the Index Sponsor disseminates the Index Levels on any Related Exchange, during its regular trading session, subject to the Market Disruption Events and Disruption Fallback provisions set out in this Supplement.
Once the constituents for each MSCI Market, Regional, Composite and/or GICS-based Indexes are determined, the Index Levels may then be calculated.
Accordingly, such Index Levels have not been reduced by the costs associated with an actual investment, such as a Fund, with an investment objective of tracking the corresponding Index.