Nasdaq Releases Index Calculation System for Exchange Tech Clients

Nasdaq's latest product allows marketplaces to produce multi-asset, multi-currency indexes internally.

Nasdaq's Lars Ottersgård discusses his firms latest product.

The system is a standalone product that allows users to create new products while keeping operational control and IP ownership over the marketplaces' indexes. Singapore Exchange (SGX) has already signed on to use it.

"The market for index calculation systems solutions is a market we feel has great growth potential. We see how exchanges that have indexes today are looking at getting greater control of their own assets and IP, but also need a tool to handle the process," Lars Ottersgård, vice pres

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