Wednesday, August 22, 2012

Financial Products News #2012 - 58
NASDAQ OMX to Launch New Index Effective Friday, August 31, 2012

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Global Data Index Service (GIDS)

Contact Information:

What you need to know:

  • Effective Friday, August 31, 2012, NASDAQ OMX will begin disseminating the new Copeland International Risk Managed Dividend Growth Total Return Index (Symbol: IDVG) on the proprietary Global Index Data Service (GIDS).

What is the new Index?

The Copeland International Risk Managed Dividend Growth Index invests in dividend growth stocks outside of the United States but only in the sectors rated positively by the Newfound quantitative model.

How will the Index be disseminated in GIDS?

NASDAQ OMX will identify this index via the following data elements in GIDS:

Index Identifier Index Name Currency Dissemination Frequency Session ID Originator ID
IDVG Copeland International Risk Managed Dividend Growth TR Index USD 1-second intervals "A" "Q"
  • Index End of Day Summary (Category A - Type B): Disseminated at the end of the U.S. and European trading session to relay closing index summary data.
  • Index Directory (Category A - Type C): Disseminated at the start of each day to relay basic index information.

How will the Index be disseminated in GIDS 2.0?

NASDAQ OMX will identify this index via the following data elements in GIDS 2.0:

Instrument ID Instrument Name Currency Frequency FP Type Brand
IDVG Copeland International Risk Managed Dividend Growth TR Index USD "1S" "I" "CI"
  • Equities Summary (Message Type F): Disseminated at the end of the U.S. and European trading session to relay the summary of the current trading day2019s activity for an equity index.
  • Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.

Please note: NASDAQ OMX will not support an official Index Settlement Value at this time.

Where can I find additional information?


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About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.

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