SSMA’s response to Nasdaq OMX Stockholm 30 Index Consultation Follow up Reconstitution and Rebalance Schedule
The consultation is about which days in the year the index is to be rebalanced with new shares and weights.
The SSMA agrees to both the proposed reference dates and effective dates for reconstitution and rebalancing. SSMA members think this proposal is a very good improvement to the index methodology. The association further believes that announcement of changes to the index 6 trading days prior to the effective date is too short notice. We are of the opinion that it should be announced as soon as possible. SSMA would therefore welcome any changes to the proposal that give our members more time to analyse and prepare for the new index constitution.
SSMA is of the strong opinion that these proposed changes should take effect immediately. We therefore want Nasdaq to implement this change so that the next reconstitution and rebalancing occurs on the first trading day in December 2025.