MOEX Free Float Methodology change

On 2 April 2018, a new version of the Moscow Exchange Free Float Methodology will come into force.

Free float measures the proportion of a company’s shares that is freely tradable on public markets. It is used to calculate the MOEX indices, estimate securities in their admission to the Exchange’s lists, as well as maintain or change the listing level of a security.    

The methodology has been updated to detail the approach to evaluation of blocks of securities owned by different categories of investors including insurance companies, sovereign funds and private equity funds. Some editorial changes have been made throughout the text of the document as well.

The methodology is available here.