NASDAQ OMX Helsinki, part of the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today starts trading a portfolio of new certificates issued by Nordea, including bull and bear certificates on the NASDAQ-100 index.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said “We are happy to cooperate with Nordea in order to expand the range of stock exchange traded certificates available for our investors. Exchange traded notes, such as certificates, represent an untapped market potential in the Nordic region, and we are planning to launch more products that will give Nordic institutional and retail investors the opportunity to trade world leading brands in their home markets.”
Lauri Rosendahl, President of NASDAQ OMX Helsinki said “The exchange traded certificates are a great complement to actively managed funds and allow Finnish investors easy and cost-efficient access to well known global indices in the local currency. The certificate based on the NASDAQ-100 index provides Finnish investors with the possibility to invest in some of the world's largest and most well-known brands. This product is a great example of the possibilities of being a global exchange company, and how to transform this to benefits for our local customers.”
“With our new certificate range we are seeking to meet a growing demand in all Nordic countries from our more active and self directed clients, for quick, easy and efficient exposure to the global financial markets. We are currently launching similar products in the other Nordic countries, and are aiming to expand the product range further over the coming years”, says Thorben Sander heading Nordea's Equity and Fixed income departments for private clients.
The NASDAQ-100 certificate, which is traded in EUR, aims to give a daily return equivalent to the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial securities listed on the Nasdaq Stock Market based on market capitalization. The index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies included within the NASDAQ-100 certificate include Apple, Cisco, Dell, Google, Intel, Microsoft, Oracle, Starbucks, Symantec and Yahoo. For a complete list of companies included in NASDAQ-100 Index, visit: http://dynamic.nasdaq.com/dynamic/nasdaq100_activity.stm.
In addition to the NASDAQ-100 index, the new certificates now issued by Nordea track the following indexes: S&P500, OMXH25, EURO STOXX 50, DAX, STOXX Europe 600 Banks, STOXX Europe 600 Basic Resources, STOXX EUROPE 600 Oil & Gas, STOXX Europe 600 Telecommunication and STOXX Europe 600 HealthCare. The range of certificates includes normal and leveraged bull and bear certificates on each index.