FROM THE EXCHANGES
By Journal of Indexes Staff

Nasdaq Rolls Out Leveraged Nasdaq-100

In November, Nasdaq OMX Group, Inc. introduced the Nasdaq-100 Leveraged Index. The new index magnifies the daily returns of the widely followed Nasdaq-100 index by 200 percent, but also incorporates the financing costs associated with achieving such exposure in a portfolio into its returns.

The index could prove particularly useful to investors in the ProShares Ultra QQQ (NYSE Arca: QLD), which offers 200 percent leveraged exposure to the Nasdaq-100.