Source: Nasdaq, Inc.
NEW YORK, March 21, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Borderfree, Inc. (Nasdaq:BRDR), a market leader in international cross-border ecommerce solutions, commenced on The NASDAQ Global Select Market® on March 21, 2014.
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Borderfree is a market leader in international cross-border ecommerce solutions, operating a technology and services platform that enables U.S. retailers to transact with customers in more than 100 countries and territories and more than 60 currencies worldwide. Borderfree manages all aspects of the international shopping experience including: site localization, multi-currency pricing, payment processing, fraud management, landed cost calculation, customs clearance and brokerage, and global logistics services while maintaining the integrity of its customers' brands and the consumer experience.
"Borderfree provides retailers with important technology to grow their businesses globally, by breaking down the barriers to international commerce and allowing them to reach consumers in every corner of the globe," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "We welcome Borderfree to The NASDAQ Stock Market and we are excited to celebrate many milestones with the Company in the years to come."
NASDAQ® has been the exchange of choice to 75 percent of technology companies listed in the U.S. markets year-to-date. By listing with NASDAQ, Borderfree joins some of the world's largest and most revolutionary companies.
Cautionary Note Regarding Forward-Looking Statements
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About The NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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MEDIA RELATIONS CONTACT: Christine Barna (646) 441-5310 Christine.Barna@nasdaqomx.com