Nasdaq Postpones New Indexes
Nasdaq OMX has delayed launching two indexes originally scheduled for last week-the Premium AlphaSector Index, which is designed to outperform in rising markets and control risk in falling markets, and the Premium AlphaSector Total Return Index, which incorporates re-investment of cash dividends into its calculation. A spokesperson was unable to comment on the reason for the delay, and says the exchange has not yet scheduled a new launch date for the indexes.
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