DGAP-News: BofA Merrill Lynch Implements FTEN's RiskXposure to Enhance Its European Cash Equities Clearing Business

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| Source: Equity Story
The NASDAQ OMX Group, Inc. 

17.09.2012 12:21
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NEW YORK and LONDON, 2012-09-17 12:20 CEST (GLOBE NEWSWIRE) --
FTEN, Inc., a NASDAQ OMX company, today announced that BofA Merrill Lynch has
chosen FTEN's RiskXposure (RX) platform to enhance its European Cash Equities
clearing business. 

RX now provides BofA Merrill Lynch with a comprehensive post trade risk
management infrastructure, as a complement to BofA Merrill Lynch's existing
systems, that integrates client positions and executed trade data from central
counterparty clearing houses (CCP) and exchanges. RX aggregates the data to
provide real time market and credit risk exposure on a per-market, per-CCP and
per-client basis. 

Ted Myerson, Global Head of Access Services at NASDAQ OMX, said; 'RX brings
general clearing members risk management capabilities closer to the point of
trade, empowering them with deeper insight and tighter control over their end
client's activity to safely and effectively manage their businesses.' 

He added, 'FTEN is in a unique position to help general clearing members like
BofA Merrill Lynch proactively utilize our risk management expertise and proven
technology for the clearing community.' 

About FTEN:

FTEN, a NASDAQ OMX company, offers real-time, cross-market risk management
solutions that provide market participants with transparency and control over
their global trading activity. Our mission is to help firms build and grow
their electronic trading businesses by enabling more efficient use of capital
and providing tools to facilitate a full regulatory compliance program. FTEN's
patented technology enables users to monitor their aggregate intraday risk
profile on a global basis. Our highly scalable and reliable market access
platform connects to major pools of liquidity and supports multiple asset
classes. FTEN systems provide pre-, at- and post-trade risk, compliance and
reporting solutions that satisfy even the most latency sensitive users. 'FTEN'
is a registered and unregistered trademark of FTEN in the U.S. and other
countries. 'NASDAQ OMX' is a registered and unregistered trademark of The
NASDAQ OMX Group in the U.S. and other countries. To learn more, visit
www.ften.com. 

About NASDAQ OMX:

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc. fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 24 markets, 3 clearinghouses and 5 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-40 microsecond speeds with 99.999%
uptime, our technology drives more than 70 marketplaces 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 approximately 3,400 listed
companies worth $6 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.  To learn
more, visit 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
FTEN's RiskXposure (RX) platform and NASDAQ OMX's other 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:
         Robert Madden
         +1 (646) 441-5045 (office)
         +1 (347) 740-0191 (mobile)
         Robert.Madden@NASDAQOMX.com
News Source: NASDAQ OMX



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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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