Netik offers the full suite of data for all Nasdaq OMX indexes externally to customers as part of its Delta One Data service, including weightings and components and values.
This information enables the user to identify securities within indexes, determine the importance of the security relevant to the overall index and easily track portfolio investments based on indexes.
With this weightings information, clients can gauge the market’s performance and make educated buy and sell decisions.
Netik and NASDAQ OMX will further enhance data delivery and make recipient relationships stronger while the industry continues to adapt.
Nasdaq OMX Global Data Products vice president Oliver Albers said they are working closely with the data providers so that they can offer customers several options for receiving index weightings data.
"We are proud to partner with Netik as one of our Elite Index Data Providers as they offer the full suite of Nasdaq OMX index weights data to our customers in the market," Albers said.
