European Investors Can Now Directly Access U.S. Equity Data Directly
From NASDAQ OMX European Data Centers
NEW YORK, Sept. 4, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.(sm) (Nasdaq:NDAQ) today announced that NASDAQ OMX's premier data feeds for U.S. equities - TotalView and NASDAQ Last Sale - are now accessible directly from European-based NASDAQ OMX data centers. Likewise, NASDAQ OMX's Nordic and Baltic data products are now accessible directly from U.S.-based NASDAQ OMX data centers.
NASDAQ OMX's transatlantic delivery of its innovative European and U.S. data feed products alleviates the need for customers to use proprietary transatlantic networks to meet global, geographically diverse demand.
NASDAQ OMX is also in the process of consolidating data feed agreements, policies and procedures across markets to reduce the overall cost of market data administration. Our feed protocols and formats across the globe are also being streamlined to reduce the technical cost of market data consumption.
"NASDAQ OMX is committed to providing our global customers and investors with the highest quality data in the most efficient, cost-effective way possible," said Adena Friedman, NASDAQ OMX Executive Vice President. "As the capital markets become increasingly global, these are logical steps in ensuring that our customers have easy access to NASDAQ OMX data, regardless of location."
"This initiative will enable us to bring further benefits to European issuers and investors," said NASDAQ OMX Vice President Randall Hopkins. "The transatlantic delivery of these innovative European and U.S. data feed products will facilitate global investment in European companies which will, in the end, increase liquidity. European investors will be offered better information channels and thereby be able to make more well-informed investment decisions when they invest in NASDAQ-listed securities on the other side of the Atlantic."
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may 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.
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