Wednesday, October 20, 2021

Financial Products News #2021 - 59
Nasdaq to Begin Dissemination of New Third Party Indexes on GIDS, Effective Thursday, October 21st, 2021

Markets Impacted:

  • All Markets

Data Feeds Impacted:

  • Nasdaq Global Index Data Service (GIDS)

Contact Information:

  • Nasdaq CAPI Operations at +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers).

  • Fount Investment Co. at +1 (022) 038-0263

What you need to know:

Effective Thursday, October 21, 2021, Nasdaq, through its data dissemination relationship with Fount Investments, will send daily index level information on the Nasdaq Global Data Service (GIDS).


What are the new Indexes?


MTVR: The Fount Metaverse Index designed by Fount Investment Co., Ltd. measures the performance of companies that develop, manufacture, distribute, or sell products or services related to metaverse technology.

SUBS: The Fount Subscription Economy Index designed by Fount Investment Co., Ltd. measures the performance of companies engaged in the business of providing subscription services, i.e., companies that sell products or services for recurring subscription revenue.


How are the Indexes disseminated?


Effective Thursday, October 21, 2021, 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
MTVR Fount Metaverse Index USD ODCL I
SUBS Fount Subscription Economy Index USD ODCL I

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.

Where can I find additional information?

For questions about Nasdaq index products, please contact Nasdaq CAPI Operations at +1 844 717 0708 (for US Callers) or +1 301 978 8311 (for International Callers).

For additional information about Fount Investment Co., please contact them at +1 (022) 038-0263.


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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.