19 July 2018
Visit www.gemalto.com

Nasdaq OMX begins options trading on China index

08 July 2009  |  775 views  |  0 Source: Nasdaq OMX

The Nasdaq OMX Group (Nasdaq:NDAQ) today announced the launch of options trading on the Nasdaq China Index (Nasdaq:CHXN), which is designed to track the performance of the largest Chinese companies whose securities are listed and actively traded in the U.S. Options trading on the Nasdaq China Index will begin trading today on Nasdaq OMX PHLX.

Susquehanna Securities is the specialist for this new product.

"Investors now have the ability to trade options on an index that tracks the performance of some of China's most innovative companies," said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group. "This gives investors additional flexibility to tailor their trading strategies to their individual needs."

"Susquehanna Securities is a world leading market maker and acts as a critical provider of liquidity in several PHLX index options," stated Thomas Wittman, President of NASDAQ OMX PHLX, Inc. "With the participation of Susquehanna, we will be able to offer to the investing public a highly liquid, efficient vehicle to trade one of the most dynamic geographic sectors of the capital markets."

The NASDAQ China Index is a key benchmark to track the performance of innovative companies that have stimulated one of the world's most rapidly industrializing economies. The Index is comprised of 30 Chinese companies that are listed on NASDAQ, the New York Stock Exchange, or the NYSE Amex and is calculated using a modified market capitalization methodology. The NASDAQ China Index provides these companies with greater visibility and access from the U.S. to a large pool of investors worldwide. The Index underscores NASDAQ OMX's commitment to designing and calculating relevant world-class indexes.

The NASDAQ China Index is calculated in real-time across the combined exchanges and is disseminated in dollars. The index began calculation with a value of 150.00 on May 3, 2007. For more information about the NASDAQ China Index, including the list of component companies, visit indexes.nasdaqomx.com/data.aspx?IndexSymbol=CHXN&menuIndex=2 .

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
10846 views comments | 4 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9915 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9510 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8920 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8294 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job