NASDAQ OMX adopts ICB classification standard from 1 Feb 2012
Oslo, 10 January 2012 – Effective from 1 February 2012, all NASDAQ OMX local and regional sector indices based on the GICS structure will be discontinued and replaced by equivalent indices based on the Industry Classification Benchmark (ICB) system. This change will affect Nordic Equity and VINX products.
There will be a parallel dissemination of index updates for all new and old indices affected by the migration from GICS to ICS between 9 January and 1 February.
Upgrade to 5.1 required
Effective 1 Feb 2012, Infront customers are required to run version 5.1 or newer of the Infront terminal to see sectors correctly on NASDAQ OMX data. The current GICS classification will remain visible in previous Infront terminal versions, but will not be supported as of February 1st. Download Infront 5.1 
About the ICB
ICB is a system categorizing over 70,000 companies and 75,000 securities worldwide, enabling the comparison of companies across four levels of classification – industry, supersectors, sectors and subsectors – and national boundaries. The ICB system is supported by the ICB Database, which is maintained by FTSE.
For more info
Visit NASDAQ OMX for more details on the change. For questions, please contact Infront Customer Support.
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