Nasdaq Bows Index Platform for Other Exchanges

The standalone service will allow third-party marketplaces to create and manage their own indexes.

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As well as performing calculation and administration functions, the platform also includes a historical database for reporting, restatements and back-testing, and a suite of index reports, including predictive reporting to calculate adjusted index values ahead of an actual recalculation.

Officials say the platform will allow marketplaces to "create unique products while maintaining operational control and controlling IP ownership" over their indexes.

"By generating their own indexes and working

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