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Wednesday, November 18, 2020

Financial Products News #2020 - 37
Nasdaq to Begin Dissemination of New Third Party Indexes on GIDS, Effective Thursday November 19, 2020

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)

Contact Information:

What you need to know:

Effective Thursday, November 19, 2020, Nasdaq, through its data dissemination relationship with IX Asia Indexes Company Limited, will send daily index level information on the Nasdaq Global Index Data ServiceSM (GIDS).

What are the new indexes?

The awarded ixCrypto ("IXCI") is the first Hong Kong launched benchmark indicative crypto index which aims to reflect the performance of the cryptocurrency market. IXCI is designed to be simple to understand while providing a good representation of the crypto market. It aims to cover the top 80% of the cumulative free-floating market capitalization in the crypto universe; and at the same time falls under the top 25 ranking by trading volume in the 90 days preceding the review date. The index has a 40% cap for each constituent, and to be reviewed each quarter with a fast entry rule.

How are the indexes disseminated?

Effective Thursday, November 19, 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
IXCI ixCrypto Index USD 15S I

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 Nasdaq CAPI Operations at +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers).

For additional information about IX Asia Indexes Company Limited, please call +852 3748 3721 or visit their website

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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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