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Nasdaq.com Adds Information On Exchange Traded Funds To Web Site - Only Major Financial Site To Provide Detailed Information Online On All Etfs Available In Market - Site Enables Users To Track ETF Performance, Volume Traded, Intraday And Historical Price

Date 20/12/2000

With investors constantly seeking timely and comprehensive data on quality, new investment products, www.nasdaq.com has made available on its Web site a section dedicated to Exchange Traded Funds (ETFs). ETFs, such as the Nasdaq-100 Index® Tracking Stock (Amex:QQQ), have been gaining a great deal of attention from investors and market followers alike due to their structure. Like index mutual funds, ETFs offer investment diversification. Unlike mutual funds, however, ETFs can be bought and sold exactly like the stock of an individual company during the entire trading day. Furthermore, they can be purchased on margin, sold short, or with a limit order.

A leading online source of stock market information and financial data, www.nasdaq.com is the only major financial Web site that currently provides online detailed information on all the ETFs currently offered in the market.

Don Bosic, Senior Vice President, Nasdaq Interactive Services said, "Our goal at nasdaq.com is to continue providing users with the most comprehensive information available on the stock market and the various financial products that are of most interest to investors. We see the addition of a comprehensive Exchange Traded Funds area to the site as part of our on-going effort to enhance and add to the wealth of information that users of www.nasdaq.com have become accustomed to attaining."

In addition to an overview on the structure of ETFs and how to invest in them, the site provides comparisons on the characteristics between ETFs and mutual funds; continually updating price and volume information on the day’s most actively traded funds; percentage price and advance/decline statistics; and ETF comparisons both overall and by sector criteria; specific information and data on all ETFs; and the option to obtain an electronic version or hard copy of the prospectuses of a variety of these Funds.

With over seven million page views per weekday, www.nasdaq.com is a leading source for stock market information and key financial data on the Web. In addition to information on ETFs, it provides online users with the following data and a host of other key information investors seek to make educated financial decisions:

  • stock price and corporate information on individual stocks listed on all major U.S. securities markets;
  • regular intra-day market updates and charts;
  • information on initial public offering filings;
  • personal finance;
  • portfolio tracking, stock and mutual fund screening tools;
  • extended hours trading;
  • global market activity;
  • recent financial news headlines and reports; and
  • I/B/E/S analysts earnings forecasts, ratings, and valuation ratios.
The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.