The Abu Dhabi Securities Exchange Upgrades to New Trading Platform From NASDAQ OMX
The NASDAQ OMX Group, Inc.
28.05.2012 12:04
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STOCKHOLM, Sweden, 2012-05-28 12:04 CEST (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announces that it has entered an
agreement with The Abu Dhabi Securities Exchange (ADX) to upgrade their trading
platform. Under the terms of the agreement ADX renews its contract with NASDAQ
OMX for a further five years and commits to upgrade to a trading platform
powered by NASDAQ OMX's X-stream technology. The upgrade is expected to be
rolled out at ADX in the second half of 2013.
The upgrade to X-stream technology will provide ADX with a proven,
functionality rich, multi-asset trading platform that complies with
international standards and policies. The platform will handle trading of
equities, fixed income and ETFs with the possibility to introduce additional
instruments. NASDAQ OMX has been delivering trading technology to ADX since the
year 2000.
Rashed Al Baloushi, Director General ADX said: 'NASDAQ OMX has consistently
delivered reliable and high-performing trading technology to ADX for over a
decade and now we look forward to taking the next step in our partnership. Our
upgrade to NASDAQ OMX's X-stream technology will enable significant performance
and functionality capabilities that create advantages for both regional and
international investors.'
Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology commented:
'Since partnering with ADX they have achieved great results by recognizing and
capitalizing on technology as a means to compete. Efficient trading technology
continues to be a key success factor in order to grow liquidity and ADX's
contract extension and selection of X-stream will put them in a prime position
for continued growth.'
James Martin, General Manager NASDAQ OMX Middle East & Africa said: 'Exchanges
in the Middle East have always been early adaptors of trading technology and
NASDAQ OMX is fortunate to have a strong customer-base in this exciting region.
Our recent successes in the Middle East and Africa region are a testament to
our ability to deliver cutting edge technology and we look forward to
supporting ADX in their upcoming market development.'
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)
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
News Source: NASDAQ OMX
28.05.2012 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.
28.05.2012 12:04
---------------------------------------------------------------------------
STOCKHOLM, Sweden, 2012-05-28 12:04 CEST (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announces that it has entered an
agreement with The Abu Dhabi Securities Exchange (ADX) to upgrade their trading
platform. Under the terms of the agreement ADX renews its contract with NASDAQ
OMX for a further five years and commits to upgrade to a trading platform
powered by NASDAQ OMX's X-stream technology. The upgrade is expected to be
rolled out at ADX in the second half of 2013.
The upgrade to X-stream technology will provide ADX with a proven,
functionality rich, multi-asset trading platform that complies with
international standards and policies. The platform will handle trading of
equities, fixed income and ETFs with the possibility to introduce additional
instruments. NASDAQ OMX has been delivering trading technology to ADX since the
year 2000.
Rashed Al Baloushi, Director General ADX said: 'NASDAQ OMX has consistently
delivered reliable and high-performing trading technology to ADX for over a
decade and now we look forward to taking the next step in our partnership. Our
upgrade to NASDAQ OMX's X-stream technology will enable significant performance
and functionality capabilities that create advantages for both regional and
international investors.'
Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology commented:
'Since partnering with ADX they have achieved great results by recognizing and
capitalizing on technology as a means to compete. Efficient trading technology
continues to be a key success factor in order to grow liquidity and ADX's
contract extension and selection of X-stream will put them in a prime position
for continued growth.'
James Martin, General Manager NASDAQ OMX Middle East & Africa said: 'Exchanges
in the Middle East have always been early adaptors of trading technology and
NASDAQ OMX is fortunate to have a strong customer-base in this exciting region.
Our recent successes in the Middle East and Africa region are a testament to
our ability to deliver cutting edge technology and we look forward to
supporting ADX in their upcoming market development.'
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)
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
News Source: NASDAQ OMX
28.05.2012 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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