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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > Seems WGI is being removed from an index
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Post by greeneggs on Sep 20, 2008 11:24am

Seems WGI is being removed from an index

effective monday. Not sure of the index, the stockhouse article was badly skewered, i.e lines jumbled.
This could've accounted for some of the selling. Who knows?
Comment by SkyeCairns on Sep 20, 2008 12:21pm
If WGI is removed from a TSX index this will, I believe, eliminate the 4:10 deals. https://www.tsx.com/en/pdf/TSXRequestForComments-Jun2-08.pdf
Comment by make_rubles on Sep 20, 2008 4:13pm
WGI was:Removed from  the S&P/TSX GLOBAL GOLD INDEXRemoved from the S&P/TSX GLOBAL MINING INDEXAdded to the S&P/TSX SMALLCAP INDEXNo change to the TSX listing.  These are all index funds.  Of course there are funds that MUST track these indexes which causes forced selling for removal from and index as well as forced buying for inclusion to an index.This was all announced ...more  
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