NEW YORK, March 25, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), a market leading provider of innovative, transparent indexes, announced that the NASDAQ Global Index Family, comprised of nearly 9,000 global securities with a combined $41.8 trillion float-adjusted market capitalization, is now available on the award-winning RIMES Benchmark Data Service® (RIMES BDS®).
Adding the NASDAQ Global Index Family expands upon the NASDAQ indexes available on RIMES. The following seven index families have been available on RIMES beginning in 2011:
- NASDAQ OMX Nordic/Baltic Indexes
- NASDAQ Commodity Indexes
- NASDAQ/PHLX Indexes
- NASDAQ Green Economy Indexes
- NASDAQ Dividend & Income Indexes
- NASDAQ OMX Nordic Fixed Income Indexes
- NASDAQ Axioma Equity-Commodity Indexes
RIMES Technologies Corporation, a leading provider of managed data services to the financial services industry, has a rich history with NASDAQ OMX, the world's largest exchange company and a leading index provider. In 2011, RIMES was the first provider to become an Elite Index Data Partner of NASDAQ OMX.
"Deepening our partnership with RIMES provides their clients access to NASDAQ OMX's full range of global equity indexes to benchmark their portfolios and respond to client demand for competing benchmark options," said Oliver Albers, VP of Sales for Global Data Products, NASDAQ OMX.
RIMES Benchmark Data Service (RIMES BDS®) formats NASDAQ Index Data according to clients' specific criteria, and delivers it through files customized to fit each client's systems, ready to be used within their applications. RIMES BDS is a fully managed data service that covers all the elements of good data processing.
"The data from NASDAQ OMX Global Indexes continues our commitment to providing the full suite of data for all the NASDAQ OMX indexes, customized to our clients' exact specifications," states Alessandro Ferrari, SVP Global Marketing, RIMES. "These additional indexes improve clients' access to NASDAQ Indexes and supplement their existing choice of indexes."
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Global equity, Dividend Achievers, Fixed Income, Commodity, Nordic, Green Economy, and Sharia indexes. Voted "Most Innovative Index Provider" worldwide by ETF Express readers, NASDAQ Global Indexes continuously offers new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com or follow the Global Indexes team on Twitter.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, 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, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion. To learn more, visit www.nasdaqomx.com.
About RIMES Technologies Corporation
RIMES Technologies Corporation was founded in New York in 1996 specifically to meet the specialist data needs of the buy-side. The company was a pioneer provider of managed data services, using cloud-based technology to deliver highly customized financial data over the internet. Providing world-class data, supported by first-class service remains a prime focus of RIMES today. The success of RIMES reflects a unique practical approach that combines the right technology with the best people. RIMES' suite of services are designed, delivered, and supported by an expert team recruited from the heart of the industry. As a global company, RIMES serves 250 institutions in 40 countries, and 50 out of the largest 100 global asset managers by TAUM. To learn more visit www.rimes.com.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results. As of the date of this press release, none of the investment strategies mentioned in this press release currently have live assets invested in any fund, separately managed account or other financial product that seeks to track the index's performance, and any performance results for periods prior to the inception date of the calculation and dissemination of each index is back tested and not live and does not reflect any transaction or other fees that an investor would need to pay when investing in a similar strategy.
None of the information in this press release constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy.
You cannot invest in an index. NASDAQ OMX does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any investment or financial product that may be based on or linked to the performance of these investment strategies.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. 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, NASDAQ OMX's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX's website at http://www.nasdaqomx.com and the SEC's website at www.sec.gov. NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
CONTACT: Media Relations: Joseph Christinat +1.646.441.5121 Joseph.Christinat@NASDAQOMX.Com
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