The NASDAQ OMX Group introduces the Global Agriculture Index. It is a modified market-capitalization weighted index comprised of the largest and most liquid companies engaged in agriculture and farming activities, listed on an index-eligible global exchange.

“The Global Agriculture Index is comprised of many of the world’s most innovative companies that are committed to meeting growing worldwide demand for increased agricultural and farming productivity,” says John Jacobs, NASDAQ OMX executive vice president.

Invesco, a provider of exchange-traded funds, is expected to develop an ETF based on the Global Agriculture Index and will list the fund on the NASDAQ Stock Market. The Global Agriculture Index will be comprised of 55 components with an approximate market capitalization of $465 billion.

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