Index roundup: Solactive launches Nordic benchmark

Solactive has released the Nordic 150 Index, a new benchmark tracking the 150 most liquid shares listed in Denmark, Finland, Norway and Sweden. The four Nordic countries are all among the 12 most competitive economies in the world, stated German index provider. The index can be used as the basis for smart beta strategies or as the underlying for exchange-traded funds and structured products. The stocks are selected on the basis of the 12-month liquidity and weighted according to free float marke