Originally the BSX/RG Composite Index was comprised of the Exchange's twenty most widely held securities. As a result of the changes, which took effect 27 July and 4 August respectively, the Index now includes all of the securities listed on the Exchange.
President and Chief Operating Officer Greg Wojciechowski explains, "The BSX/RG Composite Index is reviewed on a regular basis twice a year. The most recent review coincided with the launch of the Exchange's newest Issuer, LOM (Holdings) Limited and the scheduled de-listing of Bermuda Broadcasting Company. As a result it was seen as an excellent time to adjust the Index to include all outstanding market Issuers. We believe the Index now better reflects the economic and shareholding base of the local business environment. "
The Index is posted daily on the BSX website, bsx.com and Bloomberg at BSX