Nasdaq has announced plans to expand access to its popular Nasdaq-100 Index, a widely used benchmark for large-cap equity investments. This move aims to improve efficiency and availability of benchmark-linked exposure across markets and products.
The index is used by investors globally and is a key component of various investment products such as ETFs, mutual funds, and derivatives. By partnering with select institutions in key markets, Nasdaq aims to deepen institutional access and extend the index’s international reach.
Existing partnerships, including one with Invesco, remain unaffected by this change. Nasdaq is committed to supporting its partners and continues to work closely with them to strengthen the performance of the QQQ Innovation Suite.
Source: https://fxnewsgroup.com/forex-news/exchanges/nasdaq-publishes-statement-regarding-nasdaq-100-index-linked-product-filings