The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the semi-annual review of the NASDAQ OMX Carbon Indexes (Nasdaq:NOCO), which became effective with the market open today, December 1, 2009.
There are no changes to the tradable versions of the NASDAQ OMX Carbon indexes. The tradable indexes consist of the most liquid EUA and CER futures traded on ECX.
The EUA future traded on EEX will be removed from the benchmark indexes. The benchmark indexes will from today consist of EUA futures traded on Nord Pool and ECX and CER futures traded on ECX.
NASDAQ OMX Carbon Indexes were launched in June 2008 as the first global carbon index family calculated by an exchange. The index family is constructed for derivatives products as well as benchmarking purposes for the global carbon market.
The NASDAQ OMX Carbon Index series is liquidity-based and is made up of six indexes; three benchmark and three tradable indexes. All indexes are calculated in both Euro and U.S. Dollar. The tradable indexes are calculated as excess return and represent the weighted return of the price development in the underlying future contracts, including the roll return.
For more information about the NASDAQ OMX Carbon Indexes, visit: http://indexes.nasdaqomx.com.