DGAP-News: The NASDAQ OMX Group, Inc. /
Annual Changes to the NASDAQ-100 Index
14.12.2013 / 02:05
---------------------------------------------------------------------
NEW YORK, 2013-12-14 02:05 CET (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the
annual re-ranking of the NASDAQ-100 Index (Nasdaq:NDX), which will become
effective prior to market open on Monday, December 23, 2013.
'The NASDAQ-100 Index is a globally recognized brand that includes 100 of the
world's most dynamic non-financial stocks listed on The NASDAQ Stock Market,'
said NASDAQ OMX Executive Vice President John L. Jacobs. 'The objective,
transparent re-ranking process ensures that the NASDAQ-100 remains a relevant
investable index that is the underlying benchmark for approximately 7,200
products in 23 countries with a notional value of $1 trillion.'
The following five securities will be added to the Index: DISH Network
Corporation (Nasdaq:DISH), Illumina, Inc. (Nasdaq:ILMN), NXP Semiconductors
N.V. (Nasdaq:NXPI), TripAdvisor, Inc. (Nasdaq:TRIP) and Tractor Supply Company
(Nasdaq:TSCO).
The NASDAQ-100 Index is composed of the 100 largest non-financial stocks listed
on The NASDAQ Stock Marketa and dates to January 1985 when it was launched
along with the NASDAQ Financial-100 Indexa, which is comprised of the 100
largest financial stocks on NASDAQa. These indexes act as benchmarks for
financial products such as options, futures, and funds. The NASDAQ-100 is
re-ranked each year in December, timed to coincide with the quadruple witching
expiration Friday of the quarter.
On a cumulative price return basis, the NASDAQ-100 Index has returned almost
2800% since inception, although past performance is not indicative of future
performance.
The NASDAQ-100 Index is the basis of the PowerShares QQQ Trust (Nasdaq:QQQ),
which aims to provide investment results that, before expenses, correspond with
the NASDAQ-100 Index performance. In addition, options, futures and structured
products based on the NASDAQ-100 Index and the PowerShares QQQ Trust trade on
various exchanges.
As a result of the re-ranking, the following five securities will be removed
from the Index: Fossil Group, Inc. (Nasdaq:FOSL), Microchip Technology
Incorporated (Nasdaq:MCHP), Nuance Communications, Inc. (Nasdaq:NUAN), Sears
Holdings Corporation (Nasdaq:SHLD) and DENTSPLY International Inc.
(Nasdaq:XRAY).
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 Dividend Achievers,
Global, Nordic, Green Economy, Sharia and Commodity 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 to selected financial organizations. For more information about
NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
Daily index values, weightings and historical data for NASDAQ OMX indexes are
available via NASDAQ OMX Global Index Watch and NASDAQ OMX Global Index Data
Service.
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 80 marketplaces in 50 countries, and approximately
1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than
3,300 listed companies with a market value of over $7 trillion and more than
10,000 corporate clients. 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. 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.
NDAQG
CONTACT: Media Contact:
Wayne Lee, NASDAQ OMX
+1.301.978.4875
Issuer & Investor Contact:
Natasha Selzer, NASDAQ OMX
+1.301.978.8623
News Source: NASDAQ OMX
End of Corporate News
---------------------------------------------------------------------
14.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: The NASDAQ OMX Group, Inc.
United States
ISIN: US6311031081
End of News DGAP News-Service
---------------------------------------------------------------------
244805 14.12.2013
DGAP-News: Annual Changes to the NASDAQ-100 Index
| Source: EQS Group AG