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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Consumer Electronics Association (CEA)(R) announced today the introduction of the NASDAQ OMX(R) CEA(R) Smartphone IndexSM (Nasdaq:QFON), a new benchmark for the telecommunications sector focused on wireless, mobile devices with advanced communications functionality. The NASDAQ OMX(R) CEA(R) Smartphone Index is a modified market-capitalization index and includes companies that are primarily involved in the building, design and distribution of handsets, hardware, software, and mobile networks associated with the development, sale and usage of smartphones.
"This index brings sharper focus to an industry that is transforming the world's ability to communicate, work, and interact with each other," said NASDAQ OMX Executive Vice President John Jacobs. "Investors, thanks to this index, can now easily track companies that are working diligently to combine the benefits of the phone and computer in a single device."
"The consumer electronics industry is known for innovation in technology, and we are delighted to work with NASDAQ OMX to bring new innovation to financial products," Shawn DuBravac, chief economist and director of research at CEA. "Smartphones represent the fastest growing segment of the wireless industry, and the ability to track this sector through an index provides a great new tool to investors."
The NASDAQ OMX(R) CEA(R) Smartphone Index is currently comprised of 84 companies that are screened by the Consumer Electronics Association, including Apple Inc. (Nasdaq:AAPL), Google Inc. (Nasdaq:GOOG) and Research in Motion Limited (Nasdaq:RIMM). To view all the the companies in the NASDAQOMX(R) CEA(R) Smartphone Index, visit our website www.nasdaqomx.com/indexes.
The NASDAQ OMX(R) CEA(R) Smartphone Index is the latest in the line of technology themed indexes created by NASDAQ OMX. NASDAQ OMX is leading the way in creating indexes designed to help the investment community track the technology companies that are shaping the way people interact with the world.
The NASDAQ OMX(R) CEA(R) Smartphone Index is calculated in real-time across the combined exchanges and is disseminated by NASDAQ OMX in U.S. Dollars. The Index commenced calculation today with a value of 250.00.
NASDAQ OMX is a global leader in creating and licensing strategy indexes and is home to the most widely watched indexes in the world. As a premier, full-service provider, the NASDAQ OMX Global Index Group is dedicated to designing powerful indexes that are in sync with a continually changing market environment. Utilizing its expanded coverage as a global company, NASDAQ OMX has more than 1,400 diverse equity, commodity and fixed-income indexes in the U.S., Europe, and throughout the world.
NASDAQ OMX's calculation, licensing and marketing support provide the tools to measure and replicate global markets. The NASDAQ OMX Global Index Group's range of services covers the entire business process from index design to calculation and dissemination. For more information about NASDAQ OMX indexes, visit https://www.nasdaqomx.com/indexes/.
Access to essential historical index data for NASDAQ OMX indexes can be accessed from a single source, NASDAQ OMX Global Index Watch. For additional information, please visit https://indexes.nasdaqomx.com/indexwatch.aspx.
