NEW YORK, Feb. 27, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) the market leading provider of innovative, transparent indexes, has been named "Most Innovative Index Provider" by ETF Express. Award winners were chosen based on votes cast by readers of ETF Express, which includes investors, fund managers, fund administrators, custodians, advisers, and distributors.
"Being voted the Most Innovative Index Provider by ETF Express indicates that the investment community at large recognizes our continued efforts within index design and innovation," said John Jacobs, Executive Vice President, NASDAQ OMX. "This award further emphasizes that 2013 was a breakout year for NASDAQ OMX Global Indexes, as we launched approximately 25,000 new indexes and became one of the only index providers to have globally licensed exchange-traded products covering the major asset classes."
In 2013, NASDAQ OMX licensed indexes resulting in over 40 new Exchange-traded Products bringing innovative methodologies to the market covering equities, commodities and fixed income. Assets tracking NASDAQ OMX indexes via exchange-traded products increased by $37 billion during 2013 resulting in over $92 billion in assets under management tracking 150 products .
2013 Milestones for NASDAQ OMX Indexes:
* Partnered with Accretive Asset Management to co-brand the BulletShares Index family, the leading target maturity fixed income index suite
* Launched the NASDAQ International Buyback Index
* Launched over 13,000 indexes expanding the NASDAQ Global Index family for equity market coverage
* Expanded the Dividend Income family with Credit Suisse Gold and Silver FLOWS Indexes, the US Rising Dividend Achievers Index, and the BulletShares High Yield and Corporate Debt Ladder Indexes
* Highlights of select ETF launches in 2013:
- The Guotai NASDAQ-100 ETF
- Vanguard U.S. Dividend Appreciation Index CAD – hedged
- The International Multi-Asset Diversified Income Index Fund
- Guggenheim BulletShares High Yield and Corporate Bond ETFs
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 Dividend and Income (including Dividend AchieversTM), Global equity, Nordic, Fixed Income (including BulletShares®), Green Economy, Commodity, and Sharia Indexes. We continuously offer 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. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
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.
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.
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. NASDAQ OMX makes no recommendation to buy or sell any financial product nor 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.
CONTACT: Media Relations: Joseph Christinat +1.646.441.5121 Joseph.Christinat@NASDAQOMX.Com
In This StoryNDAQ
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.