Nasdaq OMX unveiled the first phase of its Global Index Family Monday, Dec. 3, comprising 4,000 US dollar-denominated indexes, which will ultimately expand to 24,000 indexes covering 9,000 securities representing more than 98 percent of the global investable equities markets, with a market capitalization of more than $32 trillion.
The indexes -- which officials say will offer traders and investors access to a broad range of global investments, while strengthening Nasdaq's real-time and historical data capabilities -- are calculated using Nasdaq's Global Index Calculator, which is based on its Inet trading platform technology, and distributed via its Global Index Data Service, with weighting, components and historical data accessible via the exchange's Global Index Watch web-based download service.
More from Inside Market Data
Updating your subscription status
Inside Market Data & Inside Reference Data Awards 2015
The reader survey and the call for entries for the 13th annual Inside Market Data Awards 2015 & Inside Reference Data Awards 2015 are now open. These awards recognize industry excellence within market data, reference data and enterprise data management. Submit your entries here. To vote in the reader survey, click here.
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...