Nasdaq Launches Commodity Index Family

The NASDAQ OMX Group, Inc. has launched the NASDAQ Commodity Index Family, designed to give investors exposure across all major commodity sectors.

The commodity index family, offered through the NASDAQ OMX Global Index Group, is available in five distinct versions to offer investors different investment strategies.

The five main sectors covered by the NASDAQ Commodity Index family are energy, industrial metals, precious metals, agriculture and livestock.

The index family consists of the primary benchmark — the NASDAQ Commodity Benchmark Index (NQCI) — a liquidity-based tradable index, as well as 10 sector and 33 single indexes.

The NASDAQ Commodity Index Family is the latest offering from The NASDAQ OMX Global Index Group,

The family is designed to measure the performance of single commodities and sectors through the use of futures contracts on physical commodities and to track U.S. dollar denominated commodities traded on 10 U.S. and U.K. exchanges.

"The NASDAQ Commodity Index Family is a broad and accurate representation of the commodity futures market," said John Jacobs, executive vice president, NASDAQ OMX Global Index Group, in a statement. "This new family of commodity indexes facilitates superior tracking, trading and investing opportunities. It is the latest example of our growing index offerings and reflects our mission to be the best full-service global index provider to our clients."

The NASDAQ Commodity Index Family is calculated in U.S. dollars in excess and total return. Daily index values, weightings and historical data are available via the NASDAQ OMX Global Index Watch product and the NASDAQ OMX Global Index Data Service.

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