STOCKHOLM, June 18 - The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced today
the introduction of the NASDAQ OMX Carbon Index Series (NOCO2), a family of
indexes designed both for derivatives trading and to act as a barometer for the
global carbon market. The announcement was made in a keynote speech by NASDAQ
OMX's CEO Bob Greifeld at the Federation of European Securities Exchanges'
(FESE) convention in Stockholm.
The NASDAQ OMX Carbon Index Series is the first rules-based family of indexes
produced by any exchange to act as a price indicator for the global carbon
emissions markets. The indexes are designed to provide accurate, reliable, and
transparent pricing for the world's carbon markets.
“The NASDAQ OMX Carbon Index Series promotes carbon emissions trading across
all markets. It provides investors the opportunity to easily value carbon
reduction credits, which can lead to increased liquidity and attention to the
carbon reduction market” said Bob Greifeld, CEO of NASDAQ OMX. “We believe that
the launch of the NOCO2 Series will bring heightened visibility to this issue,
and that index derivatives will create tools for investors to easy access the
carbon market.”
The NASDAQ OMX Carbon Index Series is comprised of transparent, liquidity-based
indexes, consisting of Benchmark and Tradable Indexes.
The NASDAQ OMX Carbon Index Series consists of 12 indexes, six Benchmark and
six Tradable indexes. The indexes are calculated in both Euros and US Dollars.
The Tradable Indexes are calculated as Excess Return Indexes and represent the
weighted performance gained through the price development of the underlying
futures, including roll returns. NOCO2 Indexes will be disseminated through
Targin. The Indexes commenced calculation on June 16th with a value of 500.00.
The NASDAQ OMX Carbon Index Series is currently comprised of European Union
Allowances (EUA) and Certified Emission Reduction (CER) futures contracts
traded at the European Climate Exchange, Nord Pool and the European Energy
Exchange. However, all carbon emission futures traded at any recognized
exchange, linked to an underlying carbon emission reduction program, are
eligible for inclusion as soon as they reach the minimum liquidity requirements
for the indexes. To view the list of indexes in the NASDAQ OMX Carbon family,
visit www.omxnordicexchange.com/products/indexes/
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About NASDAQ OMX Financial Products
NASDAQ OMX Global Financial Products (GFP) is engaged in the design,
development, calculation, licensing, and marketing of NASDAQ OMX indexes. GFP
specializes in the development of indexes focusing on NASDAQ OMX's brand themes
of innovation, technology, growth, and globalization. GFP 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.nasdaq.com/indexes.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's broadest and most diverse exchange
company. It delivers trading, exchange technology, and public company services
across six continents, and with over 3,900 companies, it is number one in
worldwide listings among major markets. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market; the OMX Nordic Exchange, including First North; and the 144A PORTAL
Market. The company offers trading across multiple asset classes including
equities, derivatives, debt, commodities, structured products, and ETFs. NASDAQ
OMX technology supports the operations of over 60 exchanges, clearing
organizations and central securities depositories in more than 50 countries.
OMX Nordic Exchange is not a legal entity but describes the common offering
from Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius. For more information about NASDAQ OMX, visit
www.nasdaqomx.com.
About OMX Nordic Exchange
OMX Nordic Exchange serves as a central gateway to the Nordic and Baltic
financial markets, offering listing and trading services for among others;
issuers, bank and brokers and market data vendors. The Nordic Exchange
comprises over 850 companies including its alternative market First North and
offers trading in equities, derivatives, fixed income and more. The Nordic
Exchange is not a legal entity but describes the common offering from Nasdaq
OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and
Vilnius. For more information, please visit www.omxnordicexchange.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein 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
European Last Sale and NASDAQ OMX Group'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 Group's control. These
factors include, but are not limited to factors detailed in NASDAQ OMX Group'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.
CONTACTS:
Carl Norell
+46.8.405.66.39
Carl.Norell@nasdaqomx.com
Issuer & Investor Contact:
Peter Tengzelius
+46 8.405.64.94
Peter.Tengzelius@nasdaqomx.com
