Wednesday, June 28, 2017

NASDAQ CLOSING CROSS CALCULATES RUSSELL US INDEXES RECONSTITUTION FOR THE 14TH CONSECUTIVE YEAR

A new record $28.9 billion traded at the closing cross in a Russell reconstitution

NEW YORK, June 28 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross was used for the 14th consecutive year to rebalance Nasdaq-listed securities in the entire family of  Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution. More than 972 million shares representing a record $28.9 billion were executed in the Nasdaq Closing Cross in 0.861 seconds across some 2,499 Nasdaq-listed stocks. The previous record for dollars traded at the closing cross in a Russell reconstitution was $21.1 billion in 2015.

http://mrem.bernama.com/viewsm.php?idm=29458

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