Nasdaq OMX has launched the NASDAQ-100 Leveraged Index, Mondovisione reports. The new index has been designed to produce two times the daily performance of the NASDAQ-100 Index with financing costs embedded into the performance of the index.
The NASDAQ-100 Leveraged Index will be used as a benchmark by traders seeking to replicate a leveraged investment strategy on the NASDAQ-100 Index. It has been developed by the Global Index Group.
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