Stockholm, September 29, 2010 — NASDAQ OMX today starts trading in eight new
Exchange traded funds (ETFs) from XACT. All the XACT ETFs are based on NASDAQ
OMX indexes and will be traded on NASDAQ OMX Stockholm. The new ETFs are XACT
Nordic 120, which tracks the 120 largest and most traded Nordic companies, and
seven sector ETFs tracking the largest listed Nordic companies within the
sectors bank & insurance, material, construction & real estate, energy, consumer
goods, health care and industrials.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “These new ETFs from
XACT will make a great addition to both professional and private investors
looking for exposure in individual sectors. The ETFs follow new NASDAQ OMX
indexes that include all major Nordic listed companies, and also encompass
Norwegian shares.”
Henrik Norén, Managing Director of XACT Fonder, commented, “ETFs are one of the
fastest growing trading products in the world and have with its low fees become
attractive instruments also for long-term investments. With this new offering we
will be able to meet the increasing demand for ETFs with exposure to Nordic
companies.”
The following eight new ETFs will be listed on Nasdaq OMX Stockholm as of today:
XACT Nordic 120 (the 120 largest and most traded Nordic companies)
XACT Bank (the largest Nordic banking & insurance companies)
XACT Materials (the largest Nordic companies, within the material sector)
XACT Construction & Real Estate (the largest Nordic construction & real estate
companies)
XACT Energy (the largest Nordic energy companies)
XACT Consumer Goods (the largest Nordic consumer goods companies)
XACT Health Care (the largest Nordic healthcare companies)
XACT Industrials (the largest Nordic companies within the industrial sector)
About Exchange Traded Funds
An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or
a basket of assets like an index fund, traded like a stock on an exchange. ETFs
provide investors with the possibility to invest in well known global indices in
the local currency.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information
about NASDAQ OMX, visit http://www.nasdaqomx.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 no limited to, statements about
NASDAQ OMX's 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's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX'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. There can be no
assurance that the FSA will give the NASDAQ OMX applicant the authorization and
permissions which it seeks.
- # -
Media Contacts:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
