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Tuesday, March 31, 2020

Financial Products News #2020 - 11
Nasdaq Announces Launch of New Index Effective Monday, April 6, 2020

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:

**Updated**

Effective Monday, April 6, 2020, Nasdaq will begin disseminating the new International Developed Capital Strength Index on the Nasdaq Global Index Data ServiceSM (GIDS).

What is the new index?

The International Developed Capital Strength Index seeks to provide exposure to well-capitalized companies in the developed markets outside of the US with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time. The companies are screened for strong balance sheets, a high degree of liquidity, the ability to generate earnings growth, and a record of financial strength and profit growth. The Index is comprised of 50 securities selected objectively based on cash and short term investments, long term debt to market cap ratio, return on capital, and volatility.

How is the index disseminated?

On Monday, April 6, 2020, 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 Brand Session ID
NQCAPSTDMXUS The International Developed Capital Strength Index USD 1 Sec I NQ AME
NQCAPSTDMXUST The International Developed Capital Strength TR USD 1 Sec I NQ AME
NQCAPSTDMXUSN The International Developed Capital Strength NTR USD 1 Sec I NQ AME

In addition to the real-time tick messages, Nasdaq will support the following directory messages on GIDS:

  • 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 day's activity for an equity index.
  • Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.

Where can I find additional information?

For questions about Nasdaq index products, please contact Index Services at the toll free number +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers) 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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