Monday, November 6, 2023

Financial Products News #2023 - 35
Nasdaq Announces Launch of Twelve New Indexes Effective Monday, November 6th, 2023

What are the new indexes?

The Nasdaq OMX Clean Edge Smart Grid Infrastructure Exclusions Index is designed to act as a transparent and liquid benchmark for the smart grid and electric infrastructure sector. The Index includes companies that are primarily engaged and involved in electric grid; electric meters, devices, and networks; energy storage and management; connected mobility; and enabling software used by the smart grid and electric infrastructure sector (including both pure play companies focused on the smart grid sector and diversified multinationals with smart grid sector exposure).

The Nasdaq CTA Cybersecurity Exclusions Index is designed to track the performance of companies engaged in the Cybersecurity segment of the technology and industrial sectors. The Index includes companies primarily involved in the building, implementation and management of security protocols to provide protection of the integrity of data and network operations, applied to private and public networks, computers and mobile devices. The companies are selected based on classification by Consumer Technology Association (CTA).

The Nasdaq ISE CTA Cloud Computing Exclusions Index is designed to track the performance of companies involved in the cloud computing industry. The companies are selected based on classification determined by Consumer Technology Association (CTA).

The Nasdaq Future Global Sustainability Leaders Currency Hedged NZD Indexes are designed to represent returns for global investment strategies that involve hedging currency risk, but not the underlying constituent risk. The currency hedged strategy Indexes aims to eliminate the effect of currency fluctuations in the index. By factoring the impact of selling foreign currency forwards at the one month forward rate, the Hedged Indexes mitigate the currency exposures in the index compared to the ‘home’ currency.

How are the Indexes disseminated?

On Monday, November 6th, 2023, data recipients will receive real-time index information from the proprietary GIDS data feed with the following attributes:

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.

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.