Offering gives exchanges index producer capabilities, opportunities for new revenue streams
Singapore Exchange to leverage technology to boost index services offering
NEW YORK, June 30 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Index Calculation System, a standalone solution that provides marketplaces with a highly flexible index calculation platform to compute multi-asset, multi-currency indexes. The system enables exchanges to operate and administer index calculations in-house, which gives them the flexibility to define and create unique products while maintaining operational control and controlling IP ownership over the marketplaces' indexes. In addition, Singapore Exchange (SGX) will utilize the technology to enhance their index services offering.
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