Ann: GENERAL: NZX: NASDAQ OMX selected as trading

• Release Date: 04/05/12 11:51
• Summary: GENERAL: NZX: NASDAQ OMX selected as trading technology partner
• Price Sensitive: No
• Download Document  5.09KB

					

NZX
04/05/2012 09:51
GENERAL

REL: 0951 HRS NZX Limited

GENERAL: NZX: NASDAQ OMX selected as trading technology partner

NASDAQ OMX selected as trading technology partner for the
New Zealand market - NZX

Wellington, Stockholm, 4 May 2012 -- The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ)
today announced that it has been selected as technology partner for the New
Zealand market (NZX). NASDAQ OMX will deliver its widely deployed X-stream
technology to power NZX's trading platform. The new platform will handle
trading of equities and derivatives securities and is scheduled to be rolled
out at the end of Q3 or early Q4 of 2012. NASDAQ OMX was selected in
competition with a number of global exchange technology providers.

Mark Weldon, CEO of NZX, said: "The NASDAQ OMX trading platform and
connectivity suite will set the NZX business, and its markets, up for all
foreseeable competitive situations, and allow significant innovation in terms
of market design and market offerings. I am confident that this platform will
be a substantial contributor to organisational performance over the next five
years, and is the final piece in NZX's infrastructure puzzle, on top of the
new Clearing House implemented in 2010."

Lars Ottersgard, Senior Vice President at NASDAQ OMX Market Technology
commented: "This is a very exciting opportunity for us and we look forward to
supporting NZX in bringing to its market one of the most sophisticated and
widely deployed trading technologies available. Cutting edge technology
continues to be a key driver in creating efficient and fluent capital markets
and with an X-stream powered platform in place NZX will be in a strong
position to grow volumes and attract new investors."

X-stream is a multi-asset trading system that complies with international
standards and is capable of handling equities, derivatives, commodities, ETFs
and a range of other instruments on one single platform. NASDAQ OMX's
X-stream technology is deployed in 22 markets worldwide.

- # -

About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX
Group, Inc., fuels economies with revolutionary technologies for the entire
lifecycle of a trade - from risk management to trade to surveillance to
clearing. In the US and Europe, we own and operate 24 markets, 3
clearinghouses and 6 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-80
microsecond speeds with 99.999% uptime, our technology drives more than 70
exchanges 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
3,400 listed companies worth $5.1 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.  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.

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 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 NZX
NZX is an integrated information, markets and infrastructure company.  NZX's
strategy is building and growing markets, with expertise applied across the
securities, energy and agri-business sectors.
NZX operates the securities, derivatives and energy markets in New Zealand,
builds and maintains the infrastructure on which they operate, and provides a
range of information and data that supports market growth and development on
a global scale.
NZX owns a suite of securities information businesses, exchange traded fund
provider Smartshares, and is a 50% owner of share registry Link Market
Services.

To learn more, visit www.nzxgroup.com

NASDAQ OMX media contact:
Carl Norell
+46 8 405 66 39
[email protected]

NZX contact:
Rowan Macrae
+64 4 496 2874
[email protected]
End CA:00222555 For:NZX    Type:GENERAL    Time:2012-05-04 09:51:53