some other European benchmark equity indices (such as the OMXS30), if a company has more than one class of shares traded on the exchange, only the most frequently traded of these will be accepted into the AEX. If a company or companies are removed from the index due to delisting, acquisition or another reason, no replacements are made until the next review date. At the three interim reviews in June, September and December, no changes are made to the AEX unless either the index has seen one or more constituents removed, or a non-constituent possesses a share turnover ranked 15th or higher overall over the previous 12 months. If vacancies are to be filled, the highest-ranking non-AEX companies are selected to join the index. Weighting The AEX is a capitalization-weighted index. At each main annual review, the index weightings of companies in the index are capped at 15%, but range freely with share price subsequently. The index weights are calculated with respect to the closing prices of the relevant companies on March 1. At the interim reviews, weightings after adjustment are left as close as possible to those of the previous day and are not re-capped. Calculation The index comprises a basket of shares, the numbers of which are based on the constituent weights and index value at the time of readjustment. The value of the index at any given time, It, is calculated using the following formula: with t the day of calculation; N the number of constituent shares in the index (usually 25); Qi,t the number of shares of company i on day t; Fi,t the free float factor of share i; fi,t the capping factor of share i (exactly 1 for all companies not subject to the 15% cap); Ci,t the price of share i on day t; and dt the index divisor (a factor calculated from the base capitalisation of the index, which is updated to reflect corporate actions and other index changes. Contract Specifications The AEX Index is traded as a future on the Euronext Equities & Index Derivatives exchange (EUREID) under the ticker symbol FTI. The size of each contract is 200 EURO x AEX Index points (e.g. 200 X 667.55 = €133,510). Composition The index is composed of the following listings as of 30 June 2021. See also AMX index, the market index of the next 25 largest funds on Euronext Amsterdam. AScX