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Tuesday, July 25, 2017

Financial Products News #2017 - 40
Nasdaq Announces Launch of Two New Indexes Effective Tuesday, August 1, 2017

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)

Contact Information:

What you need to know:

Effective Tuesday, August 1, 2017, Nasdaq will begin disseminating the following new indexes on the Nasdaq Global Index Data ServiceSM (GIDS).

What are the new indexes?

The NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index measures the performance of maturity-targeted segments of the U.S. high-yield corporate bond market. The NASDAQ BulletShares methodology allocates bonds from the universe of eligible securities into NASDAQ BulletShares Indexes based on maturity, or in some cases anticipated effective maturity date.

The NASDAQ BulletShares USD Corporate Bond 2027 Index provides maturity targeted exposure to the U.S. dollar-denominated investment grade corporate bond market. The Index tracks a diversified basket of bonds with the same annual maturity, or in some cases anticipated effective maturity. The index is designed to have a return profile similar to that of an individual held-to-maturity bond, which results in successive annual maturities.

How are the indexes disseminated?

On Tuesday, August 1, 2017, data recipients will receive real-time index information from the proprietary GIDS data feed with the following attributes:

Instrument ID Instrument Name Currency Frequency FP Type Brand Session ID
BSJKR
 NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index
 USD
 ODCL I NQ AME
BSCBR
 NASDAQ BulletShares USD Corporate Bond 2027 Index
 USD
 ODCL I NQ AME

In addition to the real-time tick messages, Nasdaq will support the following directory messages on GIDS:

  • Equities Summary (Message Type F): Disseminated at the end of the U.S. and European trading session to relay the summary of the current trading day's activity for an equity index.
  • Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.

Will the components and weightings data be made available?

Yes. For access and more information on the Index on the Nasdaq Global Index Watch (GIW) and Nasdaq Global Index FlexFile Delivery (GIFFD), please contact Nasdaq Index Data Sales .

Where can I find additional information?

For questions about Nasdaq index products, please contact Nasdaq Global Indexes at the Toll Free Number +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers) or visit GIW.

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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq 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 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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