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Tuesday, July 23, 2019

Financial Products News #2019 - 22
Nasdaq to Begin Dissemination of New Third Party Indexes on GIDS, Effective Wednesday, July 24, 2019

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)

Contact Information:

What you need to know:

Effective Wednesday, July 24, 2019, Nasdaq, through its data dissemination relationship with Hashdex Asset Management, will send daily index level information on the Nasdaq Global Index Data Service (GIDS).

What are the new indexes?

The Hashdex Digital Assets Index – HDAI is the definitive benchmark for digital assets investors. It is designed to broadly track a nascent and rapidly-evolving new asset class, serving as a trusted benchmark for investing in digital assets. The HDAI is powered by a solid proprietary asset pricing methodology and all the assets represented in the HDAI are subject to strict eligibility requirements to guarantee asset legitimacy, institutional-grade custody, and meaningful market representation. The HDAI provides long term market representation for investors that wish to diversify and build portfolios with higher risk-adjusted returns.

Hashdex offers the best products for sophisticated investors to gain exposure to blockchain assets with low-fee, high-liquidity, and fully compliant structures. Hashdex’s flagship investment product, the Hashdex Digital Assets Index Fund, tracks the performance of the HDAI with best-in-class governance and security. Please see the applicable disclaimers at www.hashdex.com.

How are the indexes disseminated?

Effective Wednesday, July 24, 2019, 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
HDAI
 Hashdex Digital Assets Index
 USD
 60S 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 Global Indexes at +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers).

For additional information about Hashdex Asset Management, please call +1 844 807-8627 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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