Twenty-One Thousand New Indexes Provide Investors a Broad Representation of the Global Investable Marketplace
The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) today announced the introduction of the second suite of the NASDAQ Global Index Family – resulting in the launch of more than 21,000 new NASDAQ Global indexes.
The NASDAQ Global Index Family represents more than 98% of the global equity investable marketplace and is now comprised of over 25,000 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 $37 trillion.
The newly-unveiled NASDAQ Global indexes are calculated in AUD, CAD, EUR, GBP, JPY and local currencies. The first group of the NASDAQ Global Index Family, launched in December 2012, is calculated in USD.
"The expansion of the NASDAQ Global Index Family into various currencies underscores the arrival of our index business — NASDAQ OMX Global Indexes — as a premier global index operation," said NASDAQ OMX Executive Vice President John Jacobs. "We recognized the need for cost-effective benchmark alternatives in multiple currencies, and now product sponsors, portfolio managers and other market participants can more effectively gauge and manage currency exposure as they track global equities."
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 return, total return and net total return versions are calculated for each index.
With the NASDAQ Global Index Family, NASDAQ OMX Global Indexes now offers benchmark families across multiple asset classes and geographies including the NASDAQ Dividend and Income Family – featuring the NASDAQ Dividend AchieversTM –, the NASDAQ Global Commodity Index Family, the NASDAQ OMX Green Economy Family and the NASDAQ US All Market Index family.
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 Dividend Achievers, 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.