Draft Lists

The draft list is a unique product that is generated for certain indices in order to preview the possible changes in the composition of an index at the next review. The list is also used to determine replacements for securities deleted from a fixed component index, intra review i.e. due to a corporate action. The Draft list will be based on prices, shares in issue, free float and 6 month ADTV as of the close on the last trading day of the previous month and published on the first trading day of the month. 

Sample Draft List
SFNG Draft List November 2016