NASDAQ OMX (Nasdaq:NDAQ), Launches Global Index Family; Provides Investors a Broad Representation of the Global Investable Marketplace
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NEW YORK - December 3, 2012 (www.investorideas.com newswire) The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), parent of the world's first electronic stock market, today announced the launch of the NASDAQ Global Index Family -- an extension of NASDAQ OMX's growth as an innovative global index provider.
The NASDAQ Global Index Family represents more than 98% of the global equity investable marketplace and will result in the development of 24,000 indexes. The family consists of global securities broken down by market segment, region, country, size and sector. The NASDAQ Global Index Family covers 9,000 securities with a combined float-adjusted market capitalization of over $32 trillion.
Today marks the first phase of the launch of the NASDAQ Global Index Family, with the introduction of approximately 4,000 indexes that are calculated in US dollars. The remaining indexes will be unveiled in subsequent phases in other currencies.
"The NASDAQ Global Index Family offers institutional and retail investors, asset managers, traders and other market participants a broad representation of the global investable equity marketplace through efficient access and pricing," said NASDAQ OMX Executive Vice President John Jacobs. "Our newest index offering provides additional opportunities for financial product sponsors and portfolio managers to benchmark and track global equities. With the introduction of this comprehensive family of indexes, our index business -- NASDAQ OMX Global Indexes -- continues its growth as a premier global index operation."
The index family covers 45 countries classified as Developed and Emerging Markets across the following regions: the Americas, Europe, Asia-Pacific and Middle East-Africa. Like all NASDAQ OMX indexes, the NASDAQ Global Index Family is based on a transparent, rules-based index methodology. Over ten years of historical back-tested data is available for the entire global family. Price, total return and net total return versions are calculated for each index.
With the introduction of the NASDAQ Global Index Family, NASDAQ OMX Global Indexes now offers benchmark families across multiple asset classes and geographies including the NASDAQ Commodity Index Family, the NASDAQ OMX Green Economy Family and the NASDAQ US All Market Index family.
The NASDAQ Global Index Family is calculated with the new, state-of-the-art Global Index Calculator powered by NASDAQ OMX INET technology -- the world's fastest trading system technology.
Values for the NASDAQ Global Index Family are disseminated by NASDAQ OMX's improved index data distribution service - the Global Index Data Service (GIDS) -- which is also built on INET technology. With this upgrade, NASDAQ OMX has strengthened its position as a premier provider of real-time and end-of-day data. Additionally, weightings, components and historical data continue to be available through the revamped NASDAQ OMX Global Index Watch.
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the NASDAQ Global Index Family, the Global Index Calculator, NASDAQ OMX INET Technology, the Global Index Data Service, NASDAQ OMX Global Index Watch and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ OMX's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. INVESTORS SHOULD UNDERTAKE THEIR OWN DUE DILIGENCE AND CAREFULLY EVALUATE COMPANIES BEFORE INVESTING. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NASDAQ OMX Media Contacts:
Wayne Lee - U.S.
Carl Norell - Stockholm
Direct: +46 8 405 6639
Mobile: +46 7 34 49 6639
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