Nasdaq, FTSE Team Up for New Indices

EXCHANGE WATCH

The Nasdaq Stock Market last week launched a new series of four indices in partnership with index provider FTSE. The series will create benchmarks for Nasdaq-listed stocks and promote Nasdaq as an investment vehicle to FTSE clients.

The indices comprise the FTSE Nasdaq 500 largest companies, a large cap index of the largest 70 percent of companies, a mid-cap index of the next 20 percent of companies, and a small cap index of the smallest 10 percent.

The values are calculated in real time by FT

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