US exchange and index company Nasdaq OMX, is aiming to grow its Asian financial products business, offering both its core range of Nasdaq technology indices as well as customised index benchmarking services.
The firm’s index services director Robert Hughes, who is meeting structured product issuers in Hong Kong this week, told SRP Nasdaq’s association with technology stocks puts it in a strong position in the current environment. “Having no financial exposure is very attractive to investors at the moment,” he said.
Hughes added that he is able to offer clients a wide array of stocks, since Nasdaq’s acquisition of the Nordic OMX exchanges, as well as a stake in the Dubai stock exchange. “With this kind of access we can bring a whole lot more to the table.”
Over the last year Nasdaq has broadened its structured product-focused capabilities and now offers custom index design and calculation services, licensing, brand management and support for third party indices, as well as having its own data brand, Data Watch, said Hughes.
Specilist indices under the Nasdaq brand include carbon, Mena and global steel indices.
