Nasdaq Announces Launch of Six New Indexes Effective Wednesday, January 17, 2024
Get ready for some exciting news in the financial world! Nasdaq has just announced the launch of six new indexes, and they are set to take effect on Wednesday, January 17, 2024. These new indexes will be disseminated through Nasdaq’s Global Index Watch, providing real-time information on the performance of different securities listed on Nasdaq Stockholm. Among the new indexes are the OMX Sweden Small Cap 30 ESG Responsible Index, which tracks the performance of the 30 most liquid small-cap securities that meet specific ESG criteria, and the OMX Sweden Small Cap ESG Responsible Index, which focuses on a selection of small cap securities. With Nasdaq’s commitment to transparency and insight, these new indexes are sure to make an impact in the global capital markets. Stay tuned for more updates!
Nasdaq Announces Launch of Six New Indexes Effective Wednesday, January 17, 2024
What you need to know:
Effective Wednesday, January 17th, 2024, Nasdaq will begin disseminating six new indexes on the Nasdaq Global Index Watch (GIW). These indexes are designed to track the performance of specific segments of the market and provide investors with valuable information.
What are the new indexes?
The new indexes being launched are the OMX Sweden Small Cap 30 ESG Responsible Index and the OMX Sweden Small Cap ESG Responsible Index. Both indexes are designed to track the performance of small cap securities listed on Nasdaq Stockholm whose issuers meet specific environmental, social, and governance (ESG) criteria.
The OMX Sweden Small Cap 30 ESG Responsible Index includes the 30 most liquid small cap securities, while the OMX Sweden Small Cap ESG Responsible Index includes a selection of small cap securities that meet the ESG criteria.
How are the Indexes disseminated?
Starting on January 17th, 2024, real-time index information for the new indexes will be available through the proprietary GIDS data feed. This data feed will provide information on the indexes’ instrument ID, instrument name, currency, frequency, FP type, and session ID.
Additionally, Nasdaq will support Equities Summary and Index Directory messages on GIDS. The Equities Summary message will provide a summary of the current trading day’s activity for an equity index, while the Index Directory message will relay basic index information at the start of each day.
Equities Summary
The Equities Summary message disseminated by Nasdaq provides a snapshot of the current trading day’s activity for an equity index. This information is valuable for investors who want to stay updated on the performance of the index and make informed decisions.
Index Directory
The Index Directory message is disseminated by Nasdaq at the start of each day and provides basic index information. This includes details about the indexes’ instrument ID, instrument name, currency, and other relevant information. This message is useful for investors who want to have a comprehensive understanding of the indexes and track their performance.
Will the components and weighting data be made available?
Yes, the components and weighting data for the new indexes will be made available. For access and more information on this data, investors can contact Nasdaq Index Data Sales. Nasdaq provides comprehensive information on its indexes to ensure transparency and assist investors in making informed decisions.
Where can I find additional information?
For any questions about Nasdaq index products or for additional information, investors can contact Index Services or visit the Nasdaq Global Index Watch (GIW) website. Nasdaq is committed to assisting investors by providing reliable, up-to-date information and support.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information, and public company services. With its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize, and execute their business vision using proven technologies that provide transparency and insight for navigating today’s global capital markets.
As the creator of the world’s first electronic stock market, Nasdaq’s technology powers more than 90 marketplaces in 50 countries and handles approximately 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion.
For more information about Nasdaq and its services, visit the business.nasdaq.com website.
In conclusion, Nasdaq’s announcement of the launch of six new indexes effective January 17, 2024, provides investors with valuable tools to track the performance of specific market segments. The new indexes, the OMX Sweden Small Cap 30 ESG Responsible Index and the OMX Sweden Small Cap ESG Responsible Index, focus on small cap securities listed on Nasdaq Stockholm that meet specific ESG criteria. These indexes will be disseminated through the Nasdaq Global Index Watch (GIW) data feed, providing real-time information on the indexes’ performance. Additionally, Nasdaq will support Equities Summary and Index Directory messages on GIDS, giving investors a comprehensive overview of the indexes. The components and weightings data will also be made available for these new indexes. For further information, investors can contact Nasdaq Index Data Sales or visit the GIW website. Nasdaq’s commitment to transparency and providing reliable information makes it a trusted resource for investors navigating the global capital markets.