COPENHAGEN, Denmark, Nov. 17, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that Nordic and U.S. versions of TotalView are now available to users of The Online Trader, a high-speed information and electronic trading terminal developed by Infront, a leading provider of information and trading solutions for buy-side and sell-side market participants in the Nordics. Within this launch, 20 levels of Nordic market depth and all Nordic corporate action and financial information from NASDAQ OMX is made available to subscribers.
Nordic Equity TotalView and U.S. NASDAQ TotalView are NASDAQ OMX's premier data feeds. Nordic Equity TotalView displays the full order book for companies listed on NASDAQ OMX exchanges in Copenhagen, Helsinki, Iceland and Stockholm. U.S. NASDAQ TotalView displays the full order book for NASDAQ-, NYSE-, NYSE Amex- and regional-listed securities.
"Financial professionals require a complete view of the markets in which they participate," asserts Joachim Rosli, Head of Business Development at Infront. "TotalView data from NASDAQ OMX and development of our platform to display data from INET represents the latest investment by Infront to meet the expectations of this demanding market segment."
Infront has spent the past year building a consolidated orderbook to meet the demands of a fragmented market place. The display of NASDAQ TotalView data in multiple views, including "Market by Level" and "Market by Order," addresses the participants' need for a high level of orderbook details. "We are committed to deliver the best solution for our customers subscribing to NASDAQ OMX data, especially with the upgrade from SAXESS to INET in the Nordic market," adds Rosli.
"By integrating our premier data feeds, Infront is providing its customers with the best possible view of the Nordic and U.S. markets," stated Randall Hopkins, Senior Vice President NASDAQ OMX Global Data Products. "Infront customers can now make better informed investment decisions, thanks to Infront's commitment to them."
NASDAQ OMX Nordic, comprised of exchanges in Helsinki, Copenhagen, Stockholm and Iceland, is the central gateway to the Nordic financial markets and the most liquid marketplace for Nordic securities. NASDAQ OMX Nordic lists about 670 companies. The value of average daily share trading in October amounted to EUR 2.5 billion.
The NASDAQ Stock Market is the most liquid market for all U.S.-listed equity securities -- making it the gold source for U.S. equity data. In October 2009, NASDAQ's matched share of U.S. equity volume was 21.1 percent- more than any other U.S. exchange.
For more information about Nordic Equity TotalView and U.S. NASDAQ TotalView, visit http://nordic.nasdaqomxtrader.com/marketdata/dataproducts/.
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, with approximately 3,700 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe 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. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
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.
About Infront
Infront develops cutting edge technology for both trading systems and the distribution of real-time market data. Leading sell side and buy side players use The Online Trader for efficient electronic trading on European and North American exchanges.
Infront's customers rapidly deploy solutions for their clients and for in-house use because of the solution's integration flexibility, internet based data distribution and straightforward user administration system.
Infront, established in 1998, is an independent, privately owned company with offices in Oslo, Copenhagen and Stockholm. With more than 75 employees, Infront is one of the strongest players in the Nordic market. Infront owns News Agency Direkt in Sweden and Denmark in order to provide the best financial news services to financial professionals.
Infront is owned by its employees and Kistefos Venture Capital. For the last few years Infront has been listed on the Deloitte Technology Fast 50 in Norway and Fast 500 EMEA
For more information visit www.infront.no
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