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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the introduction of the NASDAQ-100 Leveraged Index(SM) (Nasdaq:NDXL), a new index designed with the objective of producing two times the daily performance of the NASDAQ-100 Index(R) with financing costs embedded into the performance of the index.
"This index will be used as a benchmark by those trying to replicate a leveraged investment strategy on the widely tracked NASDAQ-100 Index," said NASDAQ OMX Executive Vice President John Jacobs. "The Global Index Group developed this new index as a way to provide investors with objective ways to measure leveraged returns."
The NASDAQ-100 Leveraged 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 1,000.00. To view the values of the NASDAQ-100 Leveraged Index, please go to http://indexes.nasdaqomx.com.
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 1,500 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://indexes.nasdaqomx.com/.
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.
