Semi-Annual Changes to the NASDAQ OMX CEA Smartphone Index
NEW YORK, March 18, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ) and Consumer Electronics Association (CEA)^® announced today the
results of the semi-annual evaluation of the NASDAQ OMX^® CEA Smartphone Index
(Nasdaq:QFON), which will become effective with the market open today.
The index is designed to track the performance of companies engaged in the
Smartphone segment of the telecom and technology sectors. The index includes
companies primarily involved in the building and design of handsets, hardware,
software, and mobile networks associated with the development, sale, and usage
of Smartphones. A Smartphone is defined as a wireless, mobile communication
device offering advanced capabilities and functionalities, including web
access, through the use of an identifiable operating system. The securities
must also meet other eligibility criteria which include minimum requirements
for market capitalization and average daily dollar trading volume. The NASDAQ
OMX^® CEA Smartphone Index is evaluated semi-annually in March and September.
For more information about the NASDAQ OMX^® CEA Smartphone Index, including
detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
The NASDAQ OMX CEA Smartphone Index is the basis for the First Trust NASDAQ
CEA Smartphone Index Fund (Nasdaq:FONE), which seeks investment results that
correspond generally to the price and yield of the NASDAQ OMX CEA Smartphone
Index before fees and expenses.
As a result of the evaluation, the following security will be removed from the
Index: China Unicom (Hong Kong) Ltd. (762 HK).
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading,
transparent indexes since 1971. Today, our index offering spans geographies
and asset classes and includes diverse families such as the Dividend
Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We
continuously offer new opportunities for financial product sponsors across a
wide-spectrum of investable products and for asset managers to measure risk
and performance. NASDAQ OMX Global Indexes also provides custom index services
and design solutions to selected financial organizations. For more information
about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
Daily index values, weightings and historical data for NASDAQ OMX indexes are
available via NASDAQ OMX Global Index Watch and NASDAQ OMX Global Index Data
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and
5 central securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process
more than 1 million messages per second at sub-55 microsecond average speeds
with 99.99% uptime, our technology drives more than 70 marketplaces in 50
developed and emerging countries into the future, powering 1 in 10 of the
world's securities transactions. Our award-winning data products and worldwide
indexes are the benchmarks in the financial industry. Home to approximately
3,300 listed companies worth $6 trillion in market cap whose innovations shape
our world, we give the ideas of tomorrow access to capital today. Welcome to
where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX
Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
About Consumer Electronics Association
The Consumer Electronics Association (CEA) is the preeminent trade association
promoting growth in the $209 billion U.S. consumer electronics industry. More
than 2,000 companies enjoy the benefits of CEA membership, including
legislative advocacy, market research, technical training and education,
industry promotion, standards development and the fostering of business and
strategic relationships.CEA also owns and produces the International CES –
The Global Stage for Innovation. All profits from CES are reinvested into
CEA's industry services.Find CEA online: www.CE.org and
www.DeclareInnovation.com. Follow CES at www.CESweb.org and through both CEA
and CES social media channels.
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular financial product or an overall
investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its
affiliates makes any recommendation to buy or sell any financial product or
any representation about the financial condition of any company or fund.
Statements regarding NASDAQ's proprietary indexes are not guarantees of future
performance. Actual results may differ materially from those expressed or
implied. Past performance is not indicative of future results. Investors
should undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: NASDAQ Media Contact:
NASDAQ Issuer and Investor Contact:
Consumer Electronics Association
Laurie Ann Phillips
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