Effective Monday, October 21, 2024, Nasdaq will begin disseminating the following new indexes on the Nasdaq Global Index Data Service (GIDS).
The new indexes include:
- The SMID Growth Strength Index (NQCAPSGSM) seeks to provide exposure to well-capitalized small and mid-sized companies with strong market positions. The companies are screened for strong balance sheets, a high degree of liquidity, the ability to generate earnings growth and a record of financial strength and profit growth. The Index is composed of 100 securities selected objectively based on cash on hand, debt ratios, revenue growth and cash flow growth.
- The Nasdaq-100 Top 30 UCITS Index is designed to target the performance of the 30 largest companies from the Nasdaq-100 Index (NDX) based on market capitalization. The Nasdaq-100 Index…
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