NEW YORK, Nov. 4, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.(sm) (Nasdaq:NDAQ) today announced that FOX Business Network (FBN) will hold one of its primary broadcasting locations for Election Day at the NASDAQ MarketSite studio in Times Square. Anchor and Vice President of Business News Alexis Glick will ring the closing bell from the NASDAQ and be based at the NASDAQ studio for live 2008 coverage of the U.S. presidential election. Glick will be conducting reports from the NASDAQ MarketSite studio for FBN, Fox News Channel and Fox Broadcasting.
The NASDAQ MarketSite broadcast studio will be transformed into a central location for FBN's evening coverage. The set-up will include NASDAQ's signature Video Wall as the Fox Business backdrop illustrating real-time economic data and market statistics as well as live updates on election results with live guests in the studio, via remote and on Times Square.
"FBN's live coverage from the NASDAQ allows us to track world markets and how futures and commodities are reacting to votes coming in," said Brian Jones, SVP, Operations, FOX Business Network. "This year, economic reaction to the election is more important than ever."
"The NASDAQ MarketSite has become an iconic representation for the markets and business reporting in the heart of Times Square. During this significant national news event, we are delighted that Fox Business Network will be based from NASDAQ MarketSite to enhance their Election Day evening coverage," commented Silvia Davi, Vice President of Corporate Communication & Global Broadcast Media Strategy, NASDAQ OMX.
NASDAQ's MarketSite studio in Times Square is a state-of-the-art broadcast facility that provides a dynamic backdrop for Listed Companies to celebrate the daily Market Open, IPO ceremonies and for business reporters to conduct market reports on developments within the marketplace. The NASDAQ video wall in the studio has a split-level design and is comprised of 96 high-resolution multimedia screens utilized to illustrate real-time stock movements and performance graphs. The MarketSite is the home of multiple news outlets that report live up-to-the-minute financial information on a daily basis.
About FOX Business Network
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York -- the business capital of the world -- FBN launched in October 2007 and is available in more than 40 million homes in major markets across the United States. Owned by News Corp, the network has bureaus in Chicago, Los Angeles, Silicon Valley, Washington, DC and London. On the web at www.foxbusiness.com.
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 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 http://www.nasdaqomx.com/.
NDAQG