NASDAQ

The NASDAQ‐100 Data Explorers Optimized Index offers a tradable benchmark that will enhance liquidity and protect both the long and short investor. The new index is unique because it screens out stocks that are either lacking in liquidity or relatively expensive to borrow in the stock lending market based on analytics from Data Explorers, the leading global provider of stock lending and short interest information.

Donal Smith, CEO, Data Explorers added: “We believe the application of our screening methodology to the NASDAQ‐100 Data Explorers Optimized Index will help investors improve liquidity and manage risk.  We are confident this new index will become a model for the construction of other new indexes and the basis of exchange‐traded products.”