Amendments on the SGCOCRSX Index Rules

28

APR
2022

Following a periodic review, and in light of the recent disruptions on the nickel market traded on the London Metals Exchange (LME), Societe Generale as Index Sponsor has amended the Index Rules of the <SGCOCRSX Index> to align the treatment of the March 2022 Commodity Disruption Events on nickel in the index to that of its Benchmark Index, the BCOM Roll Select <BCOMRS Index>. The amendment specifically seeks to reference the Applied Roll Percentages (ARP) of the Benchmark Index rather than recompute them, such as to avoid future tracking errors.