[FTSE Russell Amends Rules, SpaceX Likely to Be Quickly Included in Index Five Trading Days After IPO] According to a report by Jinse Finance, on May 27, FTSE Russell approved a rule amendment to accelerate the inclusion of newly listed large-cap stocks into its major indices. This move comes just weeks before SpaceX is expected to conduct a record-breaking initial public offering (IPO). Under the policy announced late Tuesday local time, IPOs with an investable market capitalization exceeding the threshold of the Russell 500 Index in the U.S. will be eligible for fast-track inclusion after the close of their fifth trading day. Previously, eligible companies were only evaluated during quarterly reviews. Arne Noack, Head of Americas Equity and Multi-Asset Indices at FTSE Russell, stated in a release: 'Introducing a fast-track inclusion mechanism for large-scale IPOs allows the index to more promptly reflect significant market developments.' The index provider, a subsidiary of the London Stock Exchange Group, is following a similar move by Nasdaq earlier this year, which shortened the waiting period for index inclusion from at least three months to 15 days to accommodate potential mega-IPOs. (Jin10)