The NASDAQ OMX Group, Inc.
10.09.2012 15:00
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NEW YORK, 2012-09-10 15:00 CEST (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Financial Services Authority
(FSA), an independent body that regulates the financial services industry in
the United Kingdom (UK), today announced that the FSA has selected NASDAQ OMX's
SMARTS Integrity market surveillance system to further enhance the FSA's
monitoring of transaction reports across the UK's financial markets.
SMARTS Integrity will provide the FSA with a surveillance platform for the
detection of market abuse across financial instruments admitted to trading on
regulated or prescribed markets including any underlying derivatives. SMARTS
Integrity will also afford the FSA with a platform that is scalable and
extensible to meet future European legislation such as the Markets in Financial
Instruments Regulation (MiFIR) and Market Abuse Regulation (MAR).
Paul McKeown, Vice President, Market Technology at NASDAQ OMX, said: 'We are
thrilled to be supporting the FSA in their regulatory endeavors. This new
partnership marks an important achievement for our SMARTS Integrity product in
the European marketplace, with more than 55 percent of all European equity
trading now being monitored through our software. As regulatory issues and
requirements continue to evolve around the world, we look forward to working
with other regulators like the FSA to investigate market abuse through our
best-in-class systems for market surveillance.'
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 www.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
SMARTS Integrity 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:
Ryan Wells
(212) 231-5541 (office)
(646) 581-4286 (mobile)
Ryan.Wells@NASDAQOMX.com
News Source: NASDAQ OMX
10.09.2012 Dissemination of a Corporate News, transmitted by DGAP -
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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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DGAP-News: NASDAQ OMX to Provide UK Financial Services Authority (FSA) With SMARTS Integrity to Enhance Market Surveillance Capabilities
| Source: EQS Group AG