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Monday, February 22, 2010

Financial Products News #2010 - 8
NASDAQ OMX to Begin Dissemination of Russell 1000 RGS Retail Index Effective Monday, March 1, 2010

Markets Impacted:

  • All Markets

Data Feed Impacted:

  • NASDAQ OMX Global Index Data Service (GIDS)

Contact Information:

What you need to know:

  • As announced in Financial Products News #2009-054, NASDAQ OMX has been selected by Russell Investments as its new index dissemination partner.
  • On Monday, March 1, 2010, NASDAQ OMX will begin disseminating intra-day index values for the following new index via the NASDAQ OMX Global Index Dissemination Service (GIDS) data product:
    • Russell 1000 RGS Retail Index (Symbol: R1RGSRET)

Who is Russell Investments?

Russell Investments is a global investment company that provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $174 billion assets under management as of September 30, 2009, and serves individual, institutional and advisor clients in more than 40 countries.

What is the Russell 1000 RGS Retail Index?

The Russell 1000 RGS Retail Index (Symbol: R1RGSRET) includes constituents of the Russell 1000 Index that are classified within the Retail subsector of the Russell Global Sector Scheme. Retail companies sell consumer discretionary products supplied by manufacturers directly to the consumer. This includes specialty retailers as well as diversified retailers such as department stores, discount stores, and superstores.

One version of this index will be disseminated:

  • Price Return Index – Ordinarily calculated without regard to cash dividends

When will NASDAQ OMX begin disseminating the new index for Russell Investments?

Effective Monday, March 1, 2010, NASDAQ OMX® will begin disseminating the Russell 1000 RGS Retail Index (Symbol: R1RGSRET) on behalf of Russell Investments.

How will the value be disseminated?

Data recipients will receive real-time index information via NASDAQ OMX Global Index Data ServiceSM (GIDSSM). The indexes will be identified as NASDAQ OMX U.S. Family (Originator ID of "Q") in the message header field.

In addition to the real-time tick messages, NASDAQ OMX will support the following directory messages on its proprietary feed:

  • Index Directory Messages – This message will provide the index identifier, index name and dissemination frequency.

Please note: An official Index Settlement Value will not be supported at this time.

Will there be an additional charge for the Russell Indexes on GIDS?

No. NASDAQ OMX is pleased to provide the Russell 1000 RGS Retail Index (Symbol: R1RGSRET) as part of its standard GIDS offering at no additional charge.

Where can I find additional information?

  • For questions about NASDAQ OMX Information, LLC data products, please contact NASDAQ OMX Global Data Products at +1 301 978 5307 or +45 3393 3366.
  • For information about the Russell Index family, please visit www.russell.com/indexes or contact Russell Client Service at +1 866 551 0617.

*Russell Investments is the owner of the trademarks, service marks and copyrights related to its indexes. Russell indexes are unmanaged and cannot be invested in directly.

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