Do you want to be an index consumer or index producer?
Exchanges globally need unique ways to differentiate themselves amongst their peers, identify opportunities that will help them to achieve greater visibility, attract new business, keep existing customers, and create new revenue streams for the organization. The creation of bespoke indexes can be a powerful means of diversification to drive marketplaces forward.
Nasdaq Index Calculation System
To help marketplaces further diversify their business beyond the trade, Nasdaq’s Index Calculation Sysem provides marketplaces an intuitive, visually-rich index calculation platform to compute multi-asset, multi-currency indices. The solution enables marketplaces to operate and administer index calculations in-house, and provides the flexibility needed to define and create unique products while maintaining operational control and ensuring IP and ownership over the marketplaces’ indexes. Because calculations can be completed in-house, marketplaces can rapidly reduce time-to-market and introduce new products to market in an efficient, effective manner.
Highly customizable and able to handle any type of index or asset type, the solution’s modular design supports efficient implementation of feed handlers, customer index types, calculation algorithms and reports, decreasing time-to-market for new index products.
The Nasdaq Index Calculation connects to Nasdaq’s matching engines and other third-party systems. Additionally, the solution leverages Nasdaq’s MiQ infrastructure for communications and more.