Thursday 9 April 2015

Nasdaq and KBW Announce Strategic Index Partnership

Partnership expands access to indexes and ETFs with more than $770 million in licensed Assets Under Management (AUM)
 
Indexes to be re-branded "KBW Nasdaq" in June 2015
 
NEW YORK, April 9 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) and Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), today announced a partnership involving KBW's industry-leading family of financial indexes. Under the agreement, Nasdaq will assume responsibility for the calculation, dissemination and commercialization of these indexes, and will work closely with KBW to jointly promote the products and benchmarks to new market participants worldwide.

http://mrem.bernama.com/viewsm.php?idm=24191

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