
David Hall, senior managing director of Wilshire Associates and Mark Hepsworth, president, Institutional Business from Interactive Data preside over the closing bell to commemorate the Wilshire Associates agreement with NASDAQ OMX and Interactive Data.
Wilshire Associates, a leading global independent investment consulting and services firm, has selected Interactive Data's Pricing and Reference Data business to calculate the real-time values for selected indexes. NASDAQ OMX(SM) was selected as disseminator of index values for these Wilshire Indexes through NASDAQ OMX's Global Access solutions. Interactive Data will utilize its Basket Calculation Service(SM) to publish values for the selected Wilshire Indexes in real-time to the NASDAQ OMX Global Index Dissemination Service(SM) (GIDS(SM)). GIDS is designed to facilitate better trading performance and portfolio valuation due to real-time dissemination of index data. GIDS is a value-added product for firms that wish to receive the full complement of NASDAQ OMX global index and ETF data. GIDS subscribers have lower administrative and technology costs than firms that take the products separately and it facilitates better trading performance and portfolio valuation due to its frequent dissemination of index and ETF data.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.