The NASDAQ OMX Group has launched the NASDAQ Global Index Family, which represents more than 98% of the global equity investable marketplace and will result in the development of 24,000 indexes.
The index family covers 45 countries classified as Developed and Emerging Markets across the following regions: the Americas, Europe, Asia-Pacific and Middle East-Africa. Like all NASDAQ OMX indexes, the NASDAQ Global Index Family is based on a transparent, rules-based index methodology.
"The NASDAQ Global Index Family offers institutional and retail investors, asset managers, traders and other market participants a broad representation of the global investable equity marketplace through efficient access and pricing," stated NASDAQ OMX Executive Vice President John Jacobs.
"Our newest index offering provides additional opportunities for financial product sponsors and portfolio managers to benchmark and track global equities. With the introduction of this comprehensive family of indexes, our index business — NASDAQ OMX Global Indexes — continues its growth as a premier global index operation."