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Nasdaq OMX and DWS Investments launch volatility control index

Nasdaq OMX and DWS Investments add volatility control to the Nasdaq 100 index for US investors who want equity exposure with reduced risk

market volatility
Nasdaq 100 gets risk-control mechanism

Nasdaq OMX has teamed up with DWS Investments, the US retail unit of Deutsche Bank's global asset management division, to create a volatility controlled version of the benchmark Nasdaq 100 index.

The DWS Nasdaq-100 Volatility Target Index measures 30-day historical volatility and has a target volatility level of 15%. It has a separate cash component that tracks overnight US dollar Libor and

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