The NASDAQ OMX Group, Inc.
05.03.2012 09:02
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NEW YORK, 2012-03-05 09:02 CET (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Axioma, Inc. announced today a new
family of indexes that use equities to provide exposure to the spot prices of
commodities.
'These indexes deliver exposure to commodity prices by using equities whose
share prices track prices for gold, oil or a basket of agriculture products,'
said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group.
The NASDAQ Axioma indexes offer an efficient way for portfolio managers to
better match their returns with those of the overall oil, gold and agricultural
markets. The indexes are rebalanced monthly and holdings information is
available every business day.
'This is a valuable new tool for portfolio managers and other market
participants who track commodities, particularly in this environment of
increasingly volatile and complex markets,' added Jacobs.
Ian Webster, Axioma's Managing Director EMEA, said, 'The NASDAQ Axioma indexes
are unique in terms of content, methodology, pricing and ease of access. By
using Axioma's portfolio construction and analytical tools to develop these
indexes, we've created a product that allows easy access to commodity
exposure--access that is typically much more difficult to obtain.'
The NASDAQ Axioma Equity-Commodity Index Series consists of three price and
total return indexes--the NASDAQ Axioma Equity-Commodity Oil Index, the NASDAQ
Axioma Equity-Commodity Gold Index and the NASDAQ Axioma Equity-Commodity
Agriculture Index.
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design, development,
calculation, and licensing of NASDAQ OMX Indexes. NASDAQ OMX Global Index Group
specializes in the development of indexes focusing on NASDAQ OMX's brand themes
of innovation, technology, growth and globalization. NASDAQ OMX Global Index
Group also provides custom index services and design solutions as a third-party
provider to selected financial organizations. For more information about NASDAQ
OMX indexes, visit www.nasdaqomx.com/indexes.
About NASDAQ OMX Group
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group,
Inc., fuels economies with revolutionary technologies for the entire lifecycle
of a trade - from risk management to trade to surveillance to clearing. In the
US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to traffic more
than 1 million messages per second at sub-80 microsecond speeds with 99.999%
uptime, our technology drives more than 70 exchanges in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to 3,400 listed companies worth $5.1
trillion in market cap whose innovations shape our world, we give the ideas of
tomorrow access to capital today. Welcome to where the world takes a big leap
forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit
www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and
Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P
500)
About Axioma
Axioma, Inc. develops and markets innovative risk analysis, portfolio
rebalancing and performance attribution products for the financial services
industry. Founded in 1998 and headquartered in New York with additional offices
in Atlanta, San Francisco, London, Hong Kong, Singapore, Geneva and Sydney,
Axioma helps leading financial firms manage risk, increase returns and improve
operational efficiency. For more information about Axioma, please contact
Topher Wurts at 212.991.4506, or visit the company's website at
www.axiomainc.com.
Axioma Risk Model Machine, Axioma Portfolio Optimizer, Axioma
Portfolio-Attribution and Axioma Backtester, Axioma Risk Analysis are
trademarks of Axioma, Inc.
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
the NASDAQ Axioma Equity- Commodity Index Series 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.
NDAQG
CONTACT: Media Contacts:
Wayne Lee, NASDAQ OMX
+1.301.978.4875
Wayne.D.Lee@NASDAQOMX.com
Danae Mercer, Kwittken + Company
+44.020.7401.8001
+44.077.5753.5968 (Mobile)
dmercer@kwitco.com
News Source: NASDAQ OMX
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
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ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
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DGAP-News: NASDAQ OMX and Axioma Introduce Equity-Based Indexes to Track Commodity Prices
| Source: EQS Group AG