Financial Products News #2014 – 29
NASDAQ OMX Announces Launch of the Endowment Index Effective May 19, 2014
Markets Impacted:
Data Feeds Impacted:
Contact Information:
|
What you need to know:Effective Monday, May 19, 2014, NASDAQ OMX will begin disseminating the Endowment IndexTM(Symbol: ENDOW) on the NASDAQ OMX Global Index Data ServiceSM (GIDS 2.0). |
|---|
What is the new Index?
The Endowment IndexTM is an objective benchmark for investors who implement a three dimensional portfolio that incorporates alternative investments. This investable index is used for portfolio comparison, investment analysis, research and benchmarking purposes by fiduciaries such as trustees, portfolio managers, consultants and advisors to endowments, foundations, trusts, DB/DC plans, pension plans and individual investors. The Endowment IndexTM has been co-created by Endowment Wealth Management, Inc. and ETF Model Solutions, LLC.
How is the Index disseminated?
Effective Monday, May 19, 2014, data recipients will receive real-time index information from the proprietary GIDS 2.0 data feed with the following attributes:
| Instrument ID | Instrument Name | Currency | Frequency | FP Type | Brand |
|---|---|---|---|---|---|
| ENDOW | Endowment Index | USD | 1S | I | CI |
In addition to the real-time tick messages, NASDAQ OMX will support the following directory messages on GIDS 2.0:
- Equities Summary (Message Type F): Disseminated at the end of the U.S. and European trading session to relay the summary of the current trading day’s activity for an equity index.
- Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.
Will the components and weightings data be made available?
Yes. For access and more information on the Endowment on NASDAQ Global Index Watch (GIW), please contact NASDAQ OMX Global Data Sales.
Where can I find additional information?
For questions about NASDAQ OMX Index products, please contact NASDAQ OMX Global Indexes at +1 301 978 8284.
Subscribe to Email Alerts:
NASDAQ OMX is offering customers the ability to self select news delivery across various NASDAQ OMX markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the NASDAQ Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding NASDAQ’s trading and data products, regulatory issues or marketplace initiatives.
About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
