09/30/2010 01:58 PM ET
News from: NASDAQ
NASDAQ OMX Green Economy Index Launches
NEW YORK, Sep 22, 2010 (GlobeNewswire via COMTEX News Network) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it is offering a comprehensive family of indexes designed to track the green economy.
Leading the launch is the all-inclusive NASDAQ OMX Green Economy Index (Nasdaq:QGREEN), which is designed to serve investors who wish to benchmark an investment portfolio based on the segment of the economy that supports clean, renewable and sustainable economic development.
The all-inclusive NASDAQ OMX Green Economy Index is comprised of over 350 securities from 13 distinct sectors from a universe of over 460 companies. Indexes tracking each sector and region of the Green Economy Index will be launched in the coming weeks.
Companies for the entire Green Economy Index Family are selected by Rona Fried, Ph.D., CEO, SustainableBusiness.com, LLC.
The Green Economy Index covers the entire green economic landscape. The index acts as a benchmark for green stock performance of stocks in the following sectors: advanced materials; biofuels; energy efficiency; green building; healthy living; natural resources; pollution mitigation; recycling; renewable energy generation; transportation and water.
"The NASDAQ OMX Green Economy Index provides a global investment benchmark for institutional and retail investors," said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group. "Amid the transition from a fossil based economy to the sustainable nature of the green economy, NASDAQ OMX continues to play a leading role in benchmarking the companies and sectors that are engaged in developing environmentally enhancing goods and services."
"Through the NASDAQ OMX Green Economy Index, investors will be able to get exposure to all the companies worldwide that stand to benefit from a societal transition toward a green economy. The Index covers the broadest array of companies from natural resources to healthy living, from energy efficiency to renewable energy, from green building to efficient transportation, and from green IT to advanced materials," said Rona Fried, Ph.D., CEO of SustainableBusiness.com, LLC, which jointly developed the Index family with NASDAQ OMX.
Four versions of the NASDAQ OMX Green Economy Index began calculating on September 22, 2010 at a base value of 1000.00. The versions are a Price Return (Nasdaq:QGREEN), Total Return (Nasdaq:QGREENX), a Capped Price Return (Nasdaq:QGREENCP4), and a Capped Total Return (Nasdaq:QGREENCP4X).
For more information about NASDAQ OMX's Green Economy Index Family and the upcoming Green Economy Sector indexes, visit https://indexes.nasdaqomx.com/green.aspx.
For information about the components and weights of the NASDAQ OMX Green Economy Index, visit NASDAQ OMX Global Index Watch at https://indexes.nasdaqomx.com/IndexWatch.aspx.
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design, development, calculation, licensing, and marketing of NASDAQ OMX Indexes. NASDAQ OMX Global Index Group specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX Global Index Group also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ OMX indexes, visit www.nasdaqomx.com/indexes.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds.
NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com/.
About SustainableBusiness.com LLC
SustainableBusiness.com, provides global news and networking services to help green business grow. Known as the "voice of green business" on the Web, the site covers green business from all angles: news, green jobs, green investing services on both the public and private equity sides, and networking for green businesses.
Visitors benefit from the website's Daily Green Business and Daily Green Investor News, its leading Green Dream Jobs service, the green portfolio investment newsletter, Progressive Investor; and matching services for green businesses that seek capital and partners.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about The NASDAQ OMX Green Economy Index and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to, factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
For more information please contact:
Rona Fried CEO