The Vienna Stock Exchange has unveiled the Bosnian Traded index (Batx), comprising the most actively traded stocks on the Sarajevo and Banja Luka exchanges.
The capitalisation-weighted index is calculated and published in real time, denominated in euros, US dollars and the convertible mark (Bam).
The Batx is designed as a tradable index, in order to serve as an underlying for structured products and standardised derivatives, including futures and options.
The index calculation parameters are reviewed on a quarterly basis, while the index composition is checked in March and September every year.
Batx adds to the stock exchange's existing range of 45 indices, 35 of which track national, regional and sector developments in the Central and Eastern Europe region, as well as the Commonwealth of Independent States.
They join the technical teams
'It's about outcomes'
New technology categories
'Significant impact on bottom line'