NEW YORK, Dec. 13, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that The NASDAQ Stock Market® (NASDAQ®) has listed a new exchange-traded fund (ETF) sponsored by Global X Funds, a leading New York-based provider of ETFs.
Effective today, NASDAQ listed the Global X NASDAQ China Technology ETF (Nasdaq:QQQC), which seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ OMX China Technology Index(Nasdaq:NQCH9000).
TheNASDAQ OMX China Technology Indexis designed to track the performance of technology companies that are domiciled in China or Hong Kong. The index is currently comprised of 30 companies including Baidu Inc., Lenovo Group and SINA Corporation.
"We are pleased to list another ETF from Global X Funds, a leading provider of investment management products," said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group. "NASDAQ OMX is dedicated to creating relevant and innovative indexes and we view the introduction of the Global X NASDAQ China Technology ETF as an indication of our success as an index provider."
"China is driving its efficient manufacturing and rapidly expanding consumer base into higher value, technology-based products and services," said Bruno del Ama, CEO of Global X Management.
About NASDAQ OMX Global Index Group
As a premier full-service provider, NASDAQ OMX® is dedicated to designing powerful, relevant index and benchmark families that are in sync with the continually changing market environment including US All Market, Sharia and Green families. NASDAQ OMX has more than 2,500 diverse indexes that provide coverage across asset classes, countries and sectors.
About 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 approximately 3,500 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 http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to, factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
NASDAQ® is a registered trademark of The NASDAQ OMX Group, Inc. (which with its affiliates and subsidiaries is referred to as "NASDAQ OMX") and is licensed for use by Global X Management Company, LLC. The Global X NASDAQ China Technology ETF has not been passed on by NASDAQ OMX as to its legality or suitability. The Global X NASDAQ China Technology ETF is not issued, endorsed, sold, or promoted by NASDAQ OMX. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE GLOBAL X NASDAQ CHINA TECHNOLOGY ETF.
CONTACT: Media Contact: Wayne Lee, NASDAQ OMX +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com