Semi-Annual Changes to the NASDAQ OMX CEA Smartphone Index
March 19 2012 - 8:02AM
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.
As a result of the evaluation, the following security will be
added to the Index: InvenSense Inc. (NYSE:INVN).
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.
The following three securities will be removed from the
Index: American Tower Corporation (NYSE:AMT), CTS Corporation
(NYSE:CTS), and LSI Corporation (NYSE:LSI).
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design,
development, calculation, licensing, and marketing of NASDAQ OMX
Indexes. NASDAQ OMX Global Index Group specializes in the
development of indexes focusing on NASDAQ OMX's brand themes of
innovation, technology, growth, and globalization. NASDAQ OMX
Global Index Group also provides custom index services and design
solutions as a third-party provider to selected financial
organizations. For more information about NASDAQ OMX indexes, visit
www.nasdaq.com/indexes.
About NASDAQ OMX Group
The inventor and transformer of the electronic exchange, The
NASDAQ OMX Group, Inc., fuels economies with revolutionary
technologies for the entire lifecycle of a trade - from risk
management to trade to surveillance to clearing. In the US and
Europe, we own and operate 24 markets, 3 clearinghouses and 6
central securities depositories supporting equities, options, fixed
income, derivatives, commodities, futures and structured products.
Able to traffic more than 1 million messages per second at sub-80
microsecond speeds with 99.999% uptime, our technology drives more
than 70 exchanges 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 3,400 listed
companies worth $5.1 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 $195 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 at
www.CE.org, www.DeclareInnovation.com and through social
media; .
NDAQG
CONTACT: NASDAQ Media Contact:
Wayne Lee
+1.301.978.4875
Wayne.D.Lee@NASDAQOMX.com
NASDAQ Issuer and Investor Contact:
Lisa Chaney
+1.301.978.8281
Lisa.Chaney@NASDAQOMX.com
Consumer Electronics Association
Contact:
Steve Kidera 703.907.4358
skidera@CE.org
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