Ann: GENERAL: NZX: NZX Launches NASDAQ OMX's

• Release Date: 16/11/12 11:00
• Summary: GENERAL: NZX: NZX Launches NASDAQ OMX's X-stream Trading Platform
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NZX
16/11/2012 09:00
GENERAL

REL: 0900 HRS NZX Limited

GENERAL: NZX: NZX Launches NASDAQ OMX's X-stream Trading Platform

The New Zealand Market (NZX) Launches NASDAQ OMX's X-stream Trading Platform

NEW ZEALAND - 16 November 2012 - The New Zealand Market (NZX) has launched
NASDAQ OMX's (Nasdaq: NDAQ) world recognized trading platform X-stream,
paving the way for a new era in global connectivity and product innovation
going forward.

The go-live is the result of a successful intensive, seven-month project
involving NZX and NASDAQ OMX. NASDAQ OMX was originally selected in
competition with a number of global exchange technology providers.

X-stream complies with international standards and is capable of handling
equities, debt, derivatives, commodities, ETFs and a range of other
instruments on one single platform. The multi asset-trading system also
provides flexibility in the creation of new products allowing for further
innovation and growth in New Zealand's markets, including dairy derivatives
and the launch of equity derivatives in 2013.

Deployed in 22 markets, X-stream is one of the most widely operated trading
systems in the world. The technology enhances NZX's global connectivity
network and ensures NZX remains current with trading platform technologies
and trends facilitating overseas interest and demand.

"Working with an innovative, market-focused trading platform partner such as
NASDAQ OMX, with its flexible X-stream platform, means we will acquire both
the product, and the knowledge set, to innovate with our market offerings,
while enhancing our global connectivity capabilities for the successful NZX
Dairy Futures market," said David Godfrey, Head of Information Technology,
NZX.

"We are very pleased to be supporting NZX through our X-stream technology,
one of the most sophisticated technologies available. New Zealand's capital
markets are some of the most dynamic in the world, and we feel NZX is in an
even stronger position to continue its solid growth and attract new foreign
and domestic investors through operating our technology," said Lars
Ottersgrd, Senior Vice President of Market Technology, NASDAQ OMX.

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.  Follow us on Twitter
(https://twitter.com/NZXGroup). (Symbol: NZX and member of the NZX50)

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 25 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
99.99% 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 3,400 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 X-stream 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.

NASDAQ OMX Media Contact:
Ryan Wells
(212) 231-5541 (office)
(646) 581-4286 (mobile)
[email protected]

NZX Media Contact:
Debbie Buckman
+64 4 495 2818 (office)
[email protected]
End CA:00229822 For:NZX    Type:GENERAL    Time:2012-11-16 09:00:07