NASDAQ OMX Selected as Trading Technology Partner for the New Zealand Market - NZX
The NASDAQ OMX Group, Inc.
04.05.2012 10:32
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STOCKHOLM, Sweden, 2012-05-04 10:31 CEST (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has been
selected as technology partner for the New Zealand market (NZX). NASDAQ OMX
will deliver its widely deployed X-stream technology to power NZX's trading
platform. The new platform will handle trading of equities and derivatives
securities and is scheduled to be rolled out at the end Q3 or early Q4 of 2012.
NASDAQ OMX was selected in competition with a number of global exchange
technology providers.
Mark Weldon, CEO of NZX, said: 'The NASDAQ OMX trading platform and
connectivity suite will set the NZX business and its markets up for all
foreseeable competitive situations and allow significant innovation in terms of
market design and market offerings. I am confident that this platform will be a
substantial contributor to organisational performance over the next five years,
and is the final piece in NZX's infrastructure puzzle, laying on top of the new
Clearing House implemented in 2010.'
Lars Ottersgard, Senior Vice President at NASDAQ OMX Market Technology
commented: 'This is a very exciting opportunity for us and we look forward to
supporting NZX in bringing to its market one of the most sophisticated and
widely deployed trading technologies available. Cutting edge technology
continues to be a key driver in creating efficient and fluent capital markets
and with an X-stream powered platform in place NZX will be in a strong position
to grow volumes and attract new investors.'
X-stream is a multi-asset trading system that complies with international
standards and is capable of handling equities, derivatives, commodities, ETFs
and a range of other instruments on one single platform. NASDAQ OMX's X-stream
technology is deployed in 22 markets worldwide.
About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group,
Inc., fuels economies with revolutionary technologies for the entire lifecycle
of a trade - from risk management to trade to surveillance to clearing. In the
US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-80 microsecond speeds with 99.999%
uptime, our technology drives more than 70 exchanges in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to 3,400 listed companies worth $5.1
trillion in market cap whose innovations shape our world, we give the ideas of
tomorrow access to capital today. Welcome to where the world takes a big leap
forward, daily. Welcome to the NASDAQ OMX Century. NASDAQ OMX Nordic and
NASDAQ OMX Baltic are not legal entities but describe the common offering from
NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius.
To learn more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
About NZX
NZX is an integrated information, markets and infrastructure company. NZX's
strategy is building and growing markets, with expertise applied across the
securities, energy and agri-business sectors. NZX operates the securities,
derivatives and energy markets in New Zealand, builds and maintains the
infrastructure on which they operate, and provides a range of information and
data that supports market growth and development on a global scale. NZX owns a
suite of securities information businesses, exchange traded fund provider
Smartshares, and is a 50% owner of share registry Link Market Services.
To learn more, visit www.nzxgroup.com
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
NDAQG
CONTACT: NASDAQ OMX media contact:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
NZX media contact:
Rowan Macrae
+64 4 496 2874
rowan.macrae@nzx.com
News Source: NASDAQ OMX
04.05.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
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The NASDAQ OMX Group, Inc.
04.05.2012 10:32
---------------------------------------------------------------------------
STOCKHOLM, Sweden, 2012-05-04 10:31 CEST (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has been
selected as technology partner for the New Zealand market (NZX). NASDAQ OMX
will deliver its widely deployed X-stream technology to power NZX's trading
platform. The new platform will handle trading of equities and derivatives
securities and is scheduled to be rolled out at the end Q3 or early Q4 of 2012.
NASDAQ OMX was selected in competition with a number of global exchange
technology providers.
Mark Weldon, CEO of NZX, said: 'The NASDAQ OMX trading platform and
connectivity suite will set the NZX business and its markets up for all
foreseeable competitive situations and allow significant innovation in terms of
market design and market offerings. I am confident that this platform will be a
substantial contributor to organisational performance over the next five years,
and is the final piece in NZX's infrastructure puzzle, laying on top of the new
Clearing House implemented in 2010.'
Lars Ottersgard, Senior Vice President at NASDAQ OMX Market Technology
commented: 'This is a very exciting opportunity for us and we look forward to
supporting NZX in bringing to its market one of the most sophisticated and
widely deployed trading technologies available. Cutting edge technology
continues to be a key driver in creating efficient and fluent capital markets
and with an X-stream powered platform in place NZX will be in a strong position
to grow volumes and attract new investors.'
X-stream is a multi-asset trading system that complies with international
standards and is capable of handling equities, derivatives, commodities, ETFs
and a range of other instruments on one single platform. NASDAQ OMX's X-stream
technology is deployed in 22 markets worldwide.
About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group,
Inc., fuels economies with revolutionary technologies for the entire lifecycle
of a trade - from risk management to trade to surveillance to clearing. In the
US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-80 microsecond speeds with 99.999%
uptime, our technology drives more than 70 exchanges in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to 3,400 listed companies worth $5.1
trillion in market cap whose innovations shape our world, we give the ideas of
tomorrow access to capital today. Welcome to where the world takes a big leap
forward, daily. Welcome to the NASDAQ OMX Century. NASDAQ OMX Nordic and
NASDAQ OMX Baltic are not legal entities but describe the common offering from
NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius.
To learn more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
About NZX
NZX is an integrated information, markets and infrastructure company. NZX's
strategy is building and growing markets, with expertise applied across the
securities, energy and agri-business sectors. NZX operates the securities,
derivatives and energy markets in New Zealand, builds and maintains the
infrastructure on which they operate, and provides a range of information and
data that supports market growth and development on a global scale. NZX owns a
suite of securities information businesses, exchange traded fund provider
Smartshares, and is a 50% owner of share registry Link Market Services.
To learn more, visit www.nzxgroup.com
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
NDAQG
CONTACT: NASDAQ OMX media contact:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
NZX media contact:
Rowan Macrae
+64 4 496 2874
rowan.macrae@nzx.com
News Source: NASDAQ OMX
04.05.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
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