This week we launched the Nasdaq CEA Cybersecurity IndexSM to track the performance of companies engaged in the cybersecurity segment of the technology and industrials sectors. It includes companies primarily involved in the building, implementation, and management of security protocols applied to private and public networks, computers, and mobile devices in order to provide protection of the integrity of data and network operations.
Following the launch of the index, First Trust listed the First Trust Nasdaq CEA Cybersecurity ETF (Symbol: CIBR) on The Nasdaq Stock Market®. The Fund uses an indexing investment approach to attempt to replicate, before fees and expenses, the performance of the Nasdaq CEA Cybersecurity IndexSM (NQCYBR). To learn more about the ETF, click here.
Nasdaq operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity, including market participants that represent a full spectrum of investors. ETF issuers benefit from an end-to-end solution that provides ongoing product support including index licensing, listings opportunities, data offerings and trading services. As the home to some of the world's most innovative ventures, Nasdaq generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.