In collaboration with London-based stock index provider
The indexes should raise the profile for small and mid-cap stocks, company officials told Reuters. The indexes can also be used as the basis for products like exchange-traded funds, they said.
Of the four indexes, the FTSE Nasdaq 500 Index will be made up of the 500 largest Nasdaq-listed companies by full market capitalization.
John Jacobs, executive vice president, Nasdaq, said the new indexes should appeal to a wide spectrum of investors.
The news is also an indication that FTSE, which is viewed as a barometer of the British economy, is gaining a bigger foothold in the U.S. market.
