STOCKHOLM, July 30, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced its customer wins, contract extensions and trading system roll-outs in exchange technology for the first half of 2008. New customers of NASDAQ OMX, the number one provider of exchange technology in the world, include:
* Agora-X, United States (trading of OTC commodity contracts) * Bombay Stock Exchange, India (trading and clearing of derivatives) * Dubai International Financial Exchange, United Arab Emirates (trading of equities and derivatives) * Hong Kong Mercantile Exchange, Hong Kong (trading of commodity derivatives) * Indian Energy Exchange, India (trading and clearing of energy derivatives) * Tokyo Commodity Exchange, Japan (trading and clearing of commodity derivatives)
In addition, NASDAQ OMX has signed contracts with 20 existing customers for extended and additional deliveries of exchange technology. Among these are The Indonesia Exchange, Italy-based TLX, and The Singapore Exchange, which recently committed to NASDAQ OMX technology for all components of its exchange platform.
Between January and July of 2008, three systems based on NASDAQ OMX technology have been rolled out:
* In March, the Singapore Exchange's market data system, SGX DerivativesQuote, went live; it is the first market data system in the world to be based on the NASDAQ OMX Genium platform. * In July, The Indian Energy Exchange launched its system for energy derivatives trading. * In July, the Singapore Exchange rolled out its new, enhanced equity trading system, Quest-ST.
NASDAQ OMX continues to develop partnerships in order to meet client needs globally. One example is its alliance with Orc Software, a solution provider focused on the critical areas of advanced derivatives trading and low-latency connectivity.
"NASDAQ OMX as a combined company has moved forward rapidly in the area of market technology. We have secured a strong pipeline of new customers, deployed new systems to existing customers, and capitalized on opportunities for our own organization," commented Magnus Bocker, President of NASDAQ OMX. "Within six weeks of closing our transaction we announced our technology roadmap, and just last month we began customer testing for NASDAQ OMX Europe, our pan-European market. Our next step is to leverage services and products from other areas of the group for our global customer base."
"It has been a busy first half of 2008, and it is extremely rewarding to see our strong relations with local exchanges expand into new business opportunities," said Markus Gerdien, Executive Vice President, Market Technology, NASDAQ OMX. "We are especially pleased with our rapidly growing footprint in the Asian marketplace, where we today have commitments to powering more than ten exchanges. In the last six months we have also signed our first-ever technology contracts in Japan and India, two countries where we see a lot of potential and opportunities for the future."
NASDAQ OMX currently powers over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries covering all the world's continents.
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 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 technology supports the operations of over 60 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 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 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