NEW YORK, April 17, 2013 (GLOBE NEWSWIRE) -- Regarding the Senate's Gang of Eight comprehensive immigration bill released yesterday - Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 - NASDAQ OMX issued the following statement:
"NASDAQ OMX congratulates the Senate Gang of Eight for their dedication and bipartisan collaboration on comprehensive immigration reform," said Bob Greifeld, Chief Executive Officer, NASDAQ OMX. "Historically, more than half of our nation's new technology startups have been founded by foreign-born owners, including many of NASDAQ's most innovative and game-changing companies. The Gang of Eight's commitment to increasing H1B and Green Card numbers as well as the addition of a STEM fund are encouraging steps toward comprehensive immigration reform, all of which will have significant benefits to the American economy and the global competitiveness of our nation."
"I have personally been a strong advocate on immigration issues as they impact our markets, job creation, and the innovative drive behind many of our companies. NASDAQ OMX is proud to continue our work with the Senate Gang of Eight and the New York Congressional Delegation, in particular Senator Chuck Schumer, to define a legislative agenda that drives economic growth, supports the development of U.S. companies and facilitates innovation and competitiveness in all of its forms."
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. 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.
About NASDAQ OMX Group
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 26 markets including 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-55 microsecond average speeds with 99.99% 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 3,300 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)
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