Back to top

Analyst Blog

Zacks Equity Research

NYSE Euronext Rolls Out New Index

CIT FLT

 ZacksTrade Now

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

The launch of NYSE Euronext, Inc.’s new securities index, Diversified High Income Index (NYDVHI) symbolizes the company’s newest endeavor for enhancing customer confidence. However, the stock price did not react positively to the product launch owing to broader market conditions.

The product launch aims to endow investors with the opportunity to manage their investments strategically i.e. investors will be able to invest in high dividend-paying securities benefiting from the index’s securities evaluation.

The new index is specifically designed to evaluate the performance of 138 publicly traded securities that pay high dividends and provide exposure to multiple asset classes (including equities, bonds etc.) and sectors. The stocks within this basket must satisfy certain decisive factors like a certain dividend yield and frequency, liquidity criteria and other eligibility requirements. The new index has two primary aspects. The first one is its brilliant construction that works to emphasize the yield of stocks. The second one is its diversification feature that is helpful in minimizing volatility of the securities.

NYSE Euronext specializes in developing proprietary indices to evaluate the performance of stocks. It currently boasts of a 750 benchmark indices. NYSE Euronext's equities markets consisting of the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca comprises of about one-third of the world's equities trading. The introduction of this new index is an enhancement to its already high profile as it fortifies the company’s capacities to measure the performance of listed securities and at the same time reduce volatility. We believe the launch of this index to help NYSE Euronext to gain investor confidence so as to procure more investors using its index going forward.

NYSE Euronext currently carries a Zacks Rank #3 (Hold). Among other financial market operators, FleetCor Technologies Inc. (FLT - Snapshot Report) carries a favorable Zacks Rank #1 (Strong Buy) while OTC Markets Group Inc. and CIT Group Inc. (CIT - Analyst Report) carry a Zacks Rank #2 (Buy) and appear impressive.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%