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Tuesday, September 15, 2020

Financial Products News #2020 - 31
Nasdaq Announces Launch of 6 New Indexes Effective Monday, September 21, 2020

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)
  • Nasdaq Global Index Watch (GIW)
  • Nasdaq Global Index FlexFile Delivery (GIFFD)

Contact Information:

What you need to know:

Effective Monday, September 21, 2020, Nasdaq will begin disseminating the following new indexes on the Nasdaq Global Index Data ServiceSM (GIDS).

What are the new indexes?

The Nasdaq US Low Volatility Dividend Achievers Index is designed to track the performance of US large cap securities that have at least 10 consecutive years of increasing annual regular dividend payments. Further, the trailing 1-year volatility of each sector from the Nasdaq US Benchmark Index (NQUSB) is determined and securities that are in the least volatile sectors are selected for inclusion.

How are the indexes disseminated?

On Monday, September 21, 2020, 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
LVDA Nasdaq US Low Volatility Dividend Achievers Index USD 1s I NQ AME
LVDAT Nasdaq US Low Volatility Dividend Achievers Total Return Index USD 1s I NQ AME
LVDAN Nasdaq US Low Volatility Dividend Achievers Net Total Return Index USD 1s I NQ AME
LVDAKRW Nasdaq US Low Volatility Dividend Achievers KRW Index KRW 1s I NQ AME
LVDAKRWT Nasdaq US Low Volatility Dividend Achievers KRW Total Return Index KRW 1s I NQ AME
LVDAKRWN Nasdaq US Low Volatility Dividend Achievers KRW Net Total Return Index KRW 1s 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 Index Services 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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