Today, the Vienna Stock Exchange started calculating the Bosnian Traded Index (BATX). The BATX is a capitalization-weighted price index which includes the most actively traded stocks with the highest market capitalization of the Sarajevo and Banja Luka exchanges. This joint index project is the second cooperation venture for the Vienna Stock Exchange with the two exchanges. The first was joint data vending.
The index is calculated and published in real time in EUR, USD and BAM (convertible mark). The BATX has been designed as a tradable index that can serve as an underlying for structured products as well as for standardized derivatives (futures and options). The calculation parameters are reviewed on a quarterly basis, the index composition is checked in March and September each year and changed if necessary.
The BATX, once again highlights the expert knowledge of the Vienna Stock Exchange, which enjoys international recognition. The addition of the BATX widens the range of products of the Vienna Stock to a total of 45 indices, with 35 of the indices tracking national, regional and sector developments in the CEE/CIS region. Furthermore, the majority of structured products worldwide, with a reference to Eastern Europe, are based on the indices of the Vienna Stock Exchange.