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Tuesday, April 22, 2025

Financial Products News #2025 - 7
Nasdaq Announces Launch of New Index Effective Wednesday, April 23rd, 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:

Effective Wednesday, April 23rd, 2025, Nasdaq will begin disseminating the following new indexes on Nasdaq Global Index Watch (GIW) and the Nasdaq Global Index Data ServiceSM (GIDS).

What are the new indexes?

The Nasdaq Spectrum Indexes, each an “Index” and collectively the “Indexes”, are designed to provide a systematic multi-asset strategy with exposure to the Nasdaq-100®, a broad-based commodity index, and a 10-year U.S. Treasury Futures index (each a “Component” or collectively, “Components”) while targeting a specified level of volatility. The Indexes use the truVol® Risk Control Engine to dynamically adjust exposure on a daily basis to the equity Component with the aim of achieving the volatility target.

Two Indexes are available: one employing a 5% volatility target and another with a 7% volatility target.

How are the Index disseminated?

On Wednesday, April 23rd, 2025, 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
NXQSP5 Nasdaq Spectrum 5% Index USD ODCL I
NXQSP7 Nasdaq Spectrum 7% Index USD ODCL I

Will the components and weightings data be made available?

Yes, Nasdaq will provide components and weights for this index.

Where can I find additional information?

For questions about Nasdaq index products, please contact Index Services 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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