The NASDAQ OMX Group has been selected by Russell Investments, a global investment company, as the primary source of real-time index values for Russell’s global and ex-US indexes.
GIDS is designed to facilitate trading performance and portfolio valuation due to its frequent dissemination of index data. GIDS supports an array of NASDAQ OMX-branded indexes that cover equities, bonds, commodities and exchange traded funds (ETFs), as well as third party partnered indexes.
NASDAQ OMX will disseminate values for these Russell Investment indexes through the NASDAQ OMX global access program. NASDAQ OMX global access offers Russell the opportunity to distribute its data through NASDAQ OMX global data products.
Rolf Agather, director of index research and innovation at Russell, said: “Russell and NASDAQ OMX clients worldwide will have instant access to our comprehensive global index data, equipping them with the sharpest picture of the global investment landscape. This arrangement streamlines our process for efficiently delivering real-time, delayed and end-of-day data through existing data feeds.”
Randall Hopkins, senior vice president of global data products at NASDAQ OMX, said: “By leveraging the capabilities of NASDAQ OMX, critical Russell index information is delivered to the market in real-time and in a highly scalable manner for customers.”
