Photovoltaik Global 30 Index

The photovoltaic Global 30 Index is an index of Deutsche Börse and was launched on 1 June 2009. The index is weighted by market capitalization and contains up to 30 companies. Basic requirements for inclusion in the index, a turnover of at least 50 percent in the field of photovoltaics, a daily trading volume of one million U.S. dollars and a market capitalization of 100 million U.S. dollars. The maximum weight of each index member is generally 10 percent. In every three months take place index adjustments, but also in special events (eg insolvency), the composition can be changed. As Underlying is September 16, 2005 with 100 points. The calculation is done automatically by the minute.

In the photovoltaic Global 30 Index listed in May 2009 joint stock companies could be recorded from all countries except Argentina, Chile, China, India, Colombia, Saudi Arabia, Zimbabwe and Venezuela.

Development

In the back of the invoice price index on 27 December 2007 would have had its highest value with 206.19 points. An all-time low was reached on 20 November 2012, 10.58.

Beginning of 2013, only 15 companies met the criteria of the regulations of the German Stock Exchange. Although he could have been a recording of smaller companies according to the German guideline, but is provided in the English guide no further deviation from the established rules. Thus, a market capitalization of 100 million U.S. dollars is not required, but an average daily trading volume of 1 million U.S. dollars as a guide. In December 2013, only 12 companies were represented.

Financial instruments

In connection with the stock market index and a certificate was offered. Issuer was from May 2009 to November 2011, the Dutch bank ABN AMRO and since then the UK's Royal Bank of Scotland, based in Edinburgh and Amsterdam. On 5 November 2013, the Royal Bank of Scotland announced that this product terminated with effect from 28 February 2014 and the offer had been terminated.