Market Consultation on the Solactive Correction Policy
Frankfurt, 29 July 2016 – Solactive AG is one of the key players in the indexing space. Focusing on tailor-made indices, the German multi asset class provider is developing, calculating and distributing them worldwide. Solactive has decided to conduct a Market Consultation with regard to its Correction Policy. All stakeholders and interested third parties are invited to provide input and feedback to the proposed Policy. Solactive welcomes all contributions and thoroughly assesses all responses received. The overarching aim is to maintain a Correction Policy which takes the particular insights of Solactive’s clients into account and which is applicable in an wide set of possible situations.
Solactive provides and calculates indices which meet the highest standards within the indexing industry. Nevertheless, and due to regulatory requirements, Solactive has procedures in place to deal with potential errors in index values, both due to external and internal factors. These generic measures are documented in an internal Correction Policy and are generally applied in all relevant situations.
Stakeholders and third parties, who are interested in participating in this Market Consultation, are invited to request a digital copy of our proposed Correction Policy. We will consider all responses submitted until 31 August 2016.
Please note the initial submission deadline was 12 August 2016. Now it has be extended until the date stated above.
60325 Frankfurt am Main
Tel.: +49 (69) 719 160-00
The information in this document does not constitute tax, legal or investment advice and is not intended as a recommendation for buying or selling securities. Solactive AG and all other companies mentioned in this document will not be responsible for the consequences of reliance upon any opinion or statement contained herein or for any omission.
Solactive AG, Guiollettstr. 54, 60325 Frankfurt am Main, Germany. Registered Office: Frankfurt am Main, Registration Court: Amtsgericht Frankfurt am Main, HRB: 79986, USt-IdNr.: DE 255 598 976. Management Board: Steffen Scheuble and Christian Grabbe, Head of Supervisory Board: Dr. Felix Mühlhäuser.