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Thursday, September 12, 2024

Financial Products News #2024 - 34
Nasdaq Announces Launch of New Indexes Effective Friday, September 13th, 2024

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)
  • Nasdaq Global Index Watch (GIW)
  • Nasdaq Global Index FlexFile Delivery (GIFFD)

Contact Information:

What you need to know:

Effective Friday, September 13th, 2024, Nasdaq will begin disseminating the following new indexes on Nasdaq Global Index Watch (GIW) and the Nasdaq Global Index Data ServiceSM (GIDS).

What are the new indexes?

The Nasdaq-100 Risk Control 40 Indexes are designed to provide variable exposure to the Nasdaq-100 e-mini futures, via the Nasdaq-100 Futures Excess Return Index, while targeting a specified level of volatility. Each Index uses a volatility control mechanism to dynamically adjust exposure to the Component on a daily basis with the aim of achieving the specified volatility target.

How is the Index disseminated?

On Friday, September 13th, 2024, data recipients will receive real-time index information from the proprietary GIDS data feed with the following attributes:

Instrument ID Instrument Name Currency Frequency FP Type
NXQR40 Nasdaq-100 Risk Control 40 Index USD ODCL I
NXQR404 Nasdaq-100 Risk Control 40 4D Index USD ODCL I

Will the components and weightings data be made available?

Yes. For access and more information on the Index on the Nasdaq Global Index Watch (GIW) and Nasdaq Global Index FlexFile Delivery (GIFFD), please contact Nasdaq Index Data Sales.

Where can I find additional information?

For questions about Nasdaq index products, please contact Index Services or visit GIW.

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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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