NASDAQ Unveils Optimized Index

NASDAQ OMX Group has rolled out a new optimized version of the NASDAQ 100 Index.

NASDAQ OMX Group has rolled out a new optimized version of the NASDAQ 100 Index. The NASDAQ-100 Data Explorers Optimized Index retains the return and volatility characteristics of the original index, with enhanced liquidity to support both the long and short sides of the trade.

The new offering, which relies on data provided by global stock loan data provider, Data Explorers, excluded 18 securities from the original index, adds IndexUniverse. NASDAQ OMX and Data Explorers are also planning to launch additional indexes based on the optimized methodology.

Click here for the release from NASDAQ.

Click here for additional coverage from Index Universe.