MSCI Asia APEX 50 Index
The MSCI Asia APEX 50 Index is a free-float adjusted market capitalization weighted index that is designed to track the 50 largest stocks in the Asia ex Japan region represented in the MSCI AC Asia ex Japan Index. The MSCI Asia APEX 50 Index serves as a tradable proxy to the broader MSCI AC Asia ex Japan Index, a benchmark index widely followed by investors investing in Asia and forms the basis for investment products such as exchange traded and OTC derivative contracts, exchange traded funds and other passive vehicles.
Index Calculation
The MSCI Asia APEX 50 Index is calculated in US Dollars on a real time basis and disseminated every 15 seconds during market trading hours in Asia.
Real time codes:
- Reuters .ASIAAPEX
- Bloomberg MXAPEXA
On March 12, 2008, MSCI licensed the Singapore Exchange to create futures contracts on the MSCI Asia APEX 50 Index, and the futures started trading on May 21 2008.
