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NASDAQ OMX and DWS Investments Launch Volatility Target Index to Manage Investment Risk


NEW YORK, Aug. 26, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and DWS Investments, the U.S. retail unit of Deutsche Bank's global Asset Management division, today jointly announce the launch of the DWS NASDAQ-100 Volatility Target Index (Nasdaq:VOLNDX), a new benchmark designed to provide exposure to the NASDAQ-100 Index® in a risk-controlled manner.

"The ability to manage risk cannot be overemphasized in these volatile market conditions," said NASDAQ OMX Executive Vice President John Jacobs. "The DWS NASDAQ-100 Volatility Target Index incorporates a volatility control mechanism, providing investors with adequate levels of exposure to world-class companies while simultaneously limiting risk."

The Index provides variable exposure to the NASDAQ-100 Index using a volatility control mechanism designed to limit risk by dynamically adjusting exposure between the NASDAQ-100 Index (the "NASDAQ Component") and a cash investment (the "Cash Component"). As the volatility of the NASDAQ-100 Index increases, the Index decreases exposure to the NASDAQ-100 Index. As volatility decreases, exposure to the NASDAQ-100 Index increases, potentially becoming leveraged.  For more information on the DWS NASDAQ-100 Volatility Target Index, including index methodology, visit

"Recent market events combined with changing demographics have altered the investment landscape," said Chris Warren, Managing Director and Head of Structured Products Americas at DWS Investments. "Consequently, investment objectives are more complex than just going long the market - investing in a risk-controlled manner is critical given an increased focus upon wealth preservation."

Included in the NASDAQ-100 Index are the 100 largest domestic and international non-financial securities reflecting companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology listed on the NASDAQ. For more information about the NASDAQ-100 Index, including detailed eligibility criteria, visit 


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 3,600 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

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 The DWS NASDAQ-100 Volatility Target Index and NASDAQ OMX's other 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.

About DWS Investments

DWS Investments is the U.S. retail brand of Deutsche Bank's global asset management division. DWS is the leading mutual fund brand in Germany and one of the most respected in Europe and Asia. With access to the expertise of a powerful global network in 16 countries, DWS Investments strives to make innovative investment strategies and solutions, traditionally reserved for institutions and high net worth individuals, available to the U.S. retail investor.

DWS Investments manages over $133.4 billion (as of 3/31/2010) in retail and retirement assets in more than 150 mutual funds and variable insurance portfolios across all major asset categories in the U.S. Organizations under the DWS brand manage approximately $341.4 billion globally (as of 3/31/2010). 

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About Deutsche Asset Management

With approximately $709 billion in assets under management globally as of 30 December 2009, Deutsche Bank's Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service. The Asset Management division provides a broad range of investment management products across the risk/return spectrum.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private client franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 80,849 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

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© 2010 DWS Investments Distributors, Inc. All rights reserved. R-18736-1 (08/10)


CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com Issuer and Investor Contact: Lisa Chaney +1.301.978.8281 Lisa.Chaney@NASDAQOMX.Com Deutsche Bank Information about DWS: Media Relations Lemuel (Lem) Brewster +1 212.454.2085

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