This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:NASDAQ creates NASDAQ-100 leveraged index 2009-11-18 12:59 ET - News Release Mr. Wayne Lee reports NASDAQ OMX INTRODUCES THE NASDAQ-100 LEVERAGED INDEX The NASDAQ Stock Market Inc.'s NASDAQ OMX Group Inc. has
introduced the NASDAQ-100
leveraged index, a new index designed with the
objective of producing two times the daily performance of the
NASDAQ-100 index with financing costs embedded into the performance
of the index.
"This index will be used as a benchmark by those trying to replicate a
leveraged investment strategy on the widely tracked NASDAQ-100 index,"
said NASDAQ OMX executive vice-president, John Jacobs. "The Global Index
Group developed this new index as a way to provide investors with
objective ways to measure leveraged returns." The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
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