Search:
   

Thursday, April 10, 2025

Financial Products News #2025 - 14
Nasdaq Announces Name Change to Two Indexes Effective Thursday, April 17th, 2025

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:

Update 4/10/25: Effective Thursday, April 17th, 2025, Nasdaq will change the index name for NQBTCST to “Nasdaq Bitcoin Türkiye Settlement Price Index” and the index name for NQETHST to “Nasdaq Ether Türkiye Settlement Price Index”. Please note that due to character limitations, our feeds will display "Türkiye" as "Turkiye."

What are the indexes?

The Nasdaq Bitcoin Türkiye Settlement Price™ Index (NQBTCST™) and Nasdaq Ether Türkiye Settlement Price™ Index (NQETHST™) are two separate single asset indices designed to provide a settlement price for associated products. The indices are priced according to the process outlined in the methodology document for the Nasdaq Crypto™ Index (NCI), which involves a multi-source exchange weighted mechanism for determining price. Please find more information on the NCI including the NCI methodology here: https://indexes.nasdaqomx.com/Index/Overview/NCI.

The NCI methodology is directly available here: https://https://indexes.nasdaqomx.com/docs/methodology_NCI.pdf

What are the changes?

On April 17th, 2025, data recipients will receive real-time index information from the proprietary GIDS data feed with the following the following attributes:

Index Symbol (No Change) Old Index Name New Index Name
NQBTCST Nasdaq Bitcoin Turkey Settlement Price Index Nasdaq Bitcoin Türkiye Settlement Price Index
NQETHST Nasdaq Ether Turkey Settlement Price Index Nasdaq Ether Türkiye Settlement Price Index

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.

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.

Please follow Nasdaq on Facebook RSS and Twitter.

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.

View NASDAQTrader.com Mobile