Nasdaq Launches Nasdaq Fund Network
Nasdaq announced the expansion and relaunch of Nasdaq’s Mutual Fund Quotation Service (MFQS) as Nasdaq Fund Network (NFN). Nasdaq Fund Network is a global investment product information service bringing greater transparency to the world’s financial markets. Nasdaq Fund Network provides the global investing public daily access to valuations for listed financial instruments, including mutual funds, money market funds, unit investment trusts (UITs), annuities, Separately Managed Accounts/Unified Managed Accounts, collective investment trusts, alternative investments, and structured products that are listed with Nasdaq. Previously, MFQS was limited to only mutual funds and money market fund listings. Nasdaq Fund Network (NFN) lists and distributes performance data for 35,000-plus investable products to one million plus investors on a daily basis.