Product sponsors, portfolio managers and other market participants now have even more choices when it comes to benchmarks for Global Equities. The NASDAQ Global Index Family is now calculated in USD, AUD, CAD, EUR, GBP, JPY and select local currencies to better meet the needs of the financial community. Totaling over 25,000 indexes, the complete family includes approximately 9,000 securities broken down by market segment, region, country, size and sector. Our rules-based selection criteria ensure that the family is a transparent and investable benchmark for the global equity market.
A differentiator from other global equity offerings is NASDAQ OMX’s segment designation process: NASDAQ OMX first determines and assigns all countries that fall within the Developed Markets segment. Countries that do not qualify for the Developed Markets segment are then reviewed using the criteria for Emerging Markets. View the methodology to learn more about our quantitative and qualitative approach.
"The expansion of the NASDAQ Global Index Family into various currencies underscores our premier global index operation," said NASDAQ OMX Executive Vice President John Jacobs. "We recognized the need for cost-effective benchmark alternatives in multiple currencies. With the addition of these indexes, market participants can more effectively gauge and manage currency exposure as they track global equities."
View the press release.