The RICI® Handbook 2007

The RICI® Handbook, April 05, 2007

The Guide to the Rogers International Commodity Index®

  • How it works
  • Who calculates it
  • What it tracks and more

Amendments to the previous Handbook include:

    The Committee governing the Rogers International Commodity Index® has decided to change the calculation methodology to make easiest the replication of the index. Key point of the new methodology:
  • The index will roll over 3 days, from the day prior to the last RICI® business days of the month to the first RICI® business day of the following month. In the event that at least one of the last 3 weekdays (excluding weekend) of the month is simultaneously a holiday in the US and a business day in Japan, the roll period will be shifted forward by the number of days meeting the preceding criteria (i.e. holiday in the US and business day in Japan).
  • Due to the lack of liquidity on the October Cotton contract, the committee also decided to modify the cotton roll matrix: at the end of May, the index will roll from the July Contract to the December contract.
  • Changes will be implemented as of the 26th of April 2007.