latest news releases from the newsroom
NASDAQ OMX and Bond Exchange of South Africa Limited Establish BondClear
STOCKHOLM, Sweden, Sept. 4, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announces that NASDAQ OMX and the Bond Exchange of South Africa Ltd, (BESA) have signed agreements regarding the provision of post trading administrative services and a central counterpart (CCP) for the derivatives market that BESA will establish. The agreements include the establishment of BondClear, a South African entity, which together with NASDAQ OMX will provide derivatives clearing services for the South African fixed income derivatives market. Subject to regulatory and other stakeholder approvals, BondClear will become operational during early 2009.
The Colombian Exchange Launches New Derivatives Market Based On NASDAQ OMX Technology
STOCKHOLM, Sweden, Sept. 4, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Colombian Exchange -- Bolsa de Valores de Colombia (BVC) -- achieved a significant milestone this week with the launch of BVC's new market for derivatives, based on a trading engine provided by NASDAQ OMX. The new trading platform, which later this year will also encompass cash equities, is part of BVC's ongoing initiative to grow its position in the South American exchange market.