STOCKHOLM, Sweden, April 1, 2010 (GLOBE NEWSWIRE) -- NASDAQ OMX today starts trading in ten new Exchange Traded Funds (EFTs) from Deutsche Bank's db x-trackers ETF platform. The ETFs from Deutsche Bank that are available for trading on NASDAQ OMX Stockholm as of today are based on the following indexes:
MSCI World Index
MSCI Europe Index
MSCI Japan Index
MSCI USA Index
Short Dax Index
DJ Stoxx Banks Index
DJ Euro Stoxx 50 Short Index
S&P 500 Inverse Index
DJ Stoxx 600 Banks Short Index
Jenny Rosberg, Senior Vice President NASDAQ OMX, said, "We are pleased to today be able to expand on our ETF offering from Deutsche Bank with ten new exciting products. Deutsche Bank's entry into the Nordic ETF market provides easy and cost-efficient access to a wide variety internationally recognized indices, and will act to grow the interest for ETFs in the region."
Thorsten Michalik, Head of db x-trackers ETFs at Deutsche Bank, commented, "We want to broaden the choice of ETF products available to Nordic investors. As the first foreign ETF issuer in the Nordic region we look forward to growing the popularity of ETFs in the region and will continue to introduce further products on international indexes as well as asset classes like commodities and fixed income."
About Exchange Traded Funds
An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs are a complement to actively managed funds and provide investors with the possibility to invest in well known global indices in the local currency. ETFs were first introduced in the USA in 1993 and in Europe in 2000. End of February 2010 there were 1,738 ETFs listed globally with over EUR 684 billion assets under management.
About NASDAQ OMX
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 3,700 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.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein 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.
CONTACT: The NASDAQ OMX Group, Inc. Media Contacts: Carl Norell +46 8 405 66 39 email@example.com
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