NASDAQ OMX GROUP
SymbolNDAQ

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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."

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