Nasdaq announces launch of new index
Nasdaq has announced the launch of a new index – the Nasdaq Clean Edge Green Energy Index. Effective Wednesday, December 16, 2020, Nasdaq will begin disseminating the new index on the Nasdaq Global Index Data ServiceSM (GIDS).
The Nasdaq Clean Edge Green Energy Index is a modified market capitalization weighted index designed to track the performance of companies that are primarily manufacturers, developers, distributors and/or installers of clean energy technologies, as defined by Clean Edge. The net total return index reinvests cash dividends on the ex-date based on the security incorporation withholding rate.
On Wednesday, December 16, 2020, data recipients will receive real-time index information from the proprietary GIDS data feed with the following attributes:
In addition to the real-time tick messages, Nasdaq will support the following directory messages on GIDS:
- Equities Summary (Message Type F): Disseminated at the end of the U.S. and European trading session to relay the summary of the current trading day’s activity for an equity index.
- Index Directory (Message Type R): Disseminated at the start of each day to relay basic index information.
The components and weightings data will be made available in due course. For access and more information on the Index on the Nasdaq Global Index Watch (GIW) and Nasdaq Global Index FlexFile Delivery (GIFFD), one can contact Nasdaq Index Data Sales.
Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, Nasdaq’s index offering spans geographies and asset classes and includes diverse families such as the Nasdaq Global, Commodity, Green Economy, Nordic and Sharia indexes.
Nasdaq disseminates real-time values for its indexes and listed ETPs throughout the trading day. Furthermore, Nasdaq compiles and delivers weightings and components information, corporate actions and a breadth of additional data. The widespread distribution of the index data promotes capital performance transparency for investors, asset managers and global financial institutions.
Data is delivered automatically or manually to accommodate specific users’ data consumption needs. Nasdaq provides investment professionals with the daily and historical information needed to track or trade Nasdaq indexes, listed ETFs or third-party partner indexes.