Business Context and Reporting Period
This Form 8-K Current Report was filed by The Nasdaq Stock Market, Inc. on November 12, 2004, regarding events occurring on November 5, 2004. The filing details a material definitive agreement entered into by Nasdaq involving the National Association of Securities Dealers, Inc. (NASD), the American Stock Exchange, Inc., The Nasdaq-100 Trust, and American Stock Exchange, LLC.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document focuses exclusively on a contractual agreement regarding the listing of a specific financial product.
Material Changes
The primary material change reported is the acceleration of the transfer date for the listing of the Nasdaq-100 Index Tracking Stock (QQQ). Under the 2nd Amendment to the Master Agreement dated February 6, 2002, the transfer of the QQQ listing from the American Stock Exchange to Nasdaq was moved forward from the originally scheduled date of June 2005 to December 1, 2004.
Guidance, Outlook, and Risks
The filing notes that Nasdaq, the American Stock Exchange, and Amex LLC may be considered affiliates of the NASD, and a subsidiary of Nasdaq serves as the sponsor of the Nasdaq-100 Trust. No forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard disclosure of affiliate relationships are provided in this text. Confidential treatment has been requested for certain portions of the attached exhibit.
Key Facts for Investor Verification
- The QQQ listing transfer to Nasdaq is effective December 1, 2004, six months earlier than previously planned.
- The agreement involves multiple entities, including affiliates of the NASD.
- Certain portions of the 2nd Amendment exhibit are under confidential treatment with the SEC.
- This filing contains no financial performance data for the reporting period.