NASDAQ OMX and Chaikin Analytics Introduce Enhanced Alpha Indexes

NASDAQ Chaikin Power Indexes Expand Smart-Beta by Creating Quantitatively Enabled Strategies Based on Chaikin Power Gauge Rating

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| Source: The NASDAQ OMX Group, Inc.

NEW YORK, April 3, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Chaikin Analytics, LLC announced today the launch of three NASDAQ Chaikin Power Indexes: the NASDAQ Chaikin Power US Large Cap IndexSM (NQULCHK), the NASDAQ Chaikin Power US Small Cap IndexSM (NQUSCHK), and the NASDAQ Chaikin Power US Dividend Achievers IndexSM (NQDACHK). These new indexes are rules-based, quantitatively enabled investment strategies, designed to outperform their respective benchmarks and are based on the Chaikin Power Gauge, a multi-factor quantitative model.

Referred to as enhanced alpha indexes, the NASDAQ Chaikin Power Indexes filter the NASDAQ US 300 IndexSM, NASDAQ US 1500 IndexSM and NASDAQ US Broad Dividend Achievers IndexSM utilizing the Chaikin Power Gauge. The NASDAQ Chaikin Power Indexes are available to fund managers, advisors and investors for licensing and implementation through separately managed accounts and ETFs.

"Marc Chaikin has been a pioneer in equity analytics on Wall Street for decades, and Chaikin Analytics provides investors with the unbiased investment tools, analytics and strategies our customers demand," said John Jacobs, Executive Vice President, NASDAQ OMX Global Information Services. "The NASDAQ Chaikin Power Indexes offer investment and asset managers unique, quantitatively-enabled strategies to provide client portfolios with enhanced index performance while maintaining the liquidity and transparency standards they require."

The Chaikin Power Gauge, the centerpiece of Chaikin Analytics and of the index construction, is based on a proprietary multi-factor model that combines fundamental, technical and sentiment factors into a rating that indicates a security's statistical probability to over or under perform the market in the intermediate term. This methodology, coupled with a defined set of rules and criteria applied in a systematic and consistent manner, creates these enhanced alpha indexes.

"Enhanced alpha products, such as the NASDAQ Chaikin Power Indexes, represent the next generation of product innovation," commented Marc Chaikin, CEO and founder of Chaikin Analytics. "These indexes combine the best traits of smart beta and actively managed ETFs with enhanced performance by narrowing existing indexes down to their most promising constituents. By partnering with an innovative, market-leading, global index provider such as NASDAQ OMX Global Indexes, asset managers and investors around the world will now have access to these unique, enhanced investment strategies."

The initial group of NASDAQ Chaikin Power Indexes, listed below, is the result of collaboration between NASDAQ OMX® and Chaikin Analytics, LLC.

 
Index Symbol Index Name
NQULCHK NASDAQ Chaikin Power US Large Cap Index
NQUSCHK NASDAQ Chaikin Power US Small Cap Index
NQDACHK NASDAQ Chaikin Power US Dividend Achievers Index

For licensing inquiries about NASDAQ Chaikin Power Indexes as model portfolios for separately managed accounts or for registered products to be offered by ETF providers or mutual fund advisors, please call +301.978.8050.

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 https://indexes.nasdaqomx.com/.

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 and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.

About Chaikin Analytics, LLC

After more than 40 years on Wall Street, Marc Chaikin founded Chaikin Analytics LLC in 2009 to deliver proven stock analytics to financial service professionals. With the Chaikin Power Gauge, an alpha generating quantitative model as its centerpiece, Chaikin Analytics offers powerful decision-making tools in an easy-to-use desktop and iPad application. Money managers and traders use Chaikin Analytics to improve performance and optimize their workflow by adding an objective and unique view of the market, industry groups and individual equities and ETFs to their decision-making.

A Wall Street trader, stock broker and analyst, Chaikin created the Chaikin Power Gauge and three technical trading indicators, the widely-used Chaikin Oscillator, the Chaikin Accumulation/Distribution Indicator and the Chaikin Persistency of Money Flow. Chaikin's indicators are industry standards, found on almost every trading platform in the world. Chaikin also pioneered the first real-time analytics workstation for institutional money managers and trading desks, now part of Thomson Reuters' institutional workstation.

Chaikin is a frequent guest on CNBC, Fox Business and Bloomberg TV, and a contributor to both Forbes and MarketWatch.

For more information on Chaikin Analytics, LLC please visit http://www.chaikinanalytics.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 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

Media Contacts:

Joe Christinat, NASDAQ OMX
646 441 5121
  

Contact, Chaikin Analytics LLC
Jon Brubaker, Kwittken + Company
646-747-0156