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Tuesday, July 3, 2012

Financial Products News #2012 - 47
UPDATED 7/20/2012: NASDAQ OMX to Launch Two New Indexes Effective Wednesday, July 18, 2012

Markets Impacted:

  • All Markets

Data Feeds Impacted:

Contact Information:

What you need to know:

  • REVISED 7/20/2012: It has been brought to NASDAQ OMX® attention that a symbol conflict exists with these new indexes. At the request of ES Capital, NASDAQ OMX will revise the index symbols.
  • Effective Monday July 23, 2012, NASDAQ OMX will modify the following index symbols on the Global Index Data ServiceSM (GIDSSM)to reflect the new symbols:
  • ES Capital Risk Managed Growth Index (Symbol: RMGF)
  • ES Capital Risk Managed Growth Total Return Index (Symbol: RMGFX)

What is the new index?

The ES Capital Risk Managed Growth Index has a unique two pronged approach to risk management. The first step implements a quantitative model that dictates sector and cash allocations (monthly). The second step implements a quantitative equity model for selecting securities for inclusion in the portfolio (quarterly). The portfolio offers diversification and balance through exposure to high quality growth stocks within the US Market. The index can be invested up to 100% in cash during periods of market weakness across all sectors.

How will the index be disseminated?

REVISED 7/20/2012: It has been brought to NASDAQ OMX attention that a symbol conflict exists with these new indexes. At the request of ES Capital, NASDAQ OMX will revise the index symbols effective Monday July 23, 2012 on GIDS to reflect the new symbols.

NASDAQ OMX will identify this index via the following data elements in GIDS:

CurrentIndex Identifier Revised Index Identifier Index Name Currency Dissemination Frequency Session ID Originator ID
RMFG RMGF ES Capital Risk Managed Growth Index USD Real Time "A" "Q"
RMFGX RMGFX ES Capital Risk Managed Growth Index TR USD Real Time "A" "Q"
  • Index End of Day Summary (Category A - Type B): Disseminated at the end of the U.S. trading session to relay closing index summary data.
  • Index Directory (Category A - Type C): Disseminated at the start of each day to relay basic index information.

Please note: NASDAQ OMX will not support an official Index Settlement Value at this time.

Where can I find additional information?


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