The OMX Iceland 8 index consists of the eight most actively traded shares on the Nasdaq OMX Iceland exchange. The limited number of constituents guarantees that all the underlying shares of the index have excellent liquidity, which results in an index that is highly suitable as underlying for derivatives products. The composition of the OMX Iceland 8 index is revised twice a year. The index is a market weighted price index, adjusted by free float. The OMX Iceland 8 index is available in a capped version and a total return version, and is calculated in Icelandic kronas (ISK) and Euros (EUR).