NEW YORK, Feb. 19, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has introduced two new indexes on the Global Index Data Service 2.0 (GIDS 2.0) - the NASDAQ IBIS Focused Growth Index (NQIBIS); and the NASDAQ IBIS Focused Growth Total Return Index (NQIBIST). "These new indexes offer the unique viewpoint of accessing an absolute return strategy, while maintaining a rules-based and rigorous selection process," said Dave Gedeon, Managing Director of NASDAQ OMX Global Indexes. "Partnering with IBIS Capital allows the market to benefit from both the tactical allocation models and rules-based index tracking." The NASDAQ IBIS Focused Growth Index utilizes IBIS Capital's Quantitative Tactical Global Rotation Strategy, and will invest in exchange-traded funds covering Large Cap U.S. equities, Small Cap U.S. Equities, Developed Market Equities, and Emerging Market Equities. The selection of assets is determined through a proprietary technology for Relative Strength. During periods of weakness across global equity markets, the index will shift into either short-term, medium-term, or long-term U.S. government bonds, depending upon prevailing interest rates. "We are excited to partner with Nasdaq OMX Global Indexes, a pioneer in the space of innovative indexes," said Neal McNeil III, CEO of IBIS Capital. "For decades investors have relied on traditional indexes to benchmark their performance. These new indexes will allow investors to think about benchmarking their portfolios globally and dynamically, with a focus on downside protection and upside participation of the equity markets." For licensing inquiries about the NASDAQ IBIS Focused Growth Index as a model portfolio for separately managed accounts, or for registered products offered by ETF providers or mutual fund advisors, please call NASDAQ OMX Licensing Global Data Sales at (301) 978 8050. About NASDAQ OMX Global Indexes NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com. Daily index values, weightings and historical data for NASDAQ OMX indexes are available via NASDAQ OMX Global Index Watch and NASDAQ OMX Global Index Data Service. About NASDAQ OMX Group NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion. To learn more, visit www.nasdaqomx.com . About IBIS Capital IBIS Capital is a leader in developing quantitative strategies focused on absolute return utilizing Exchange Traded Products across multiple asset classes. Ibis has advanced in the development of Exchange Traded Products with some of the leading providers since 2005.