NEW YORK and STOCKHOLM, Sweden, Sept. 15, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it has been selected as exchange technology provider to the Osaka Securities Exchange (OSE). OSE, the premier Japanese derivatives and securities exchange, will deploy a NASDAQ OMX-based platform for derivatives trading. Implementation of the new system is underway and scheduled for launch in the first quarter of 2011.
"We are honored to be selected as system provider to OSE, marking our second market technology customer in Japan," said Lars Ottersgard, Senior Vice President, NASDAQ OMX Market Technology. "This is the result of a strong and close partnership with both OSE and NTT Data. We are focused on delivering a cutting-edge trading system ready for launch in 2011."
About the Osaka Securities Exchange
Osaka Securities Exchange Co., Ltd. (OSE) is Japan's largest derivatives exchange. In 2008 total trading volume of all derivative products hit the record high of 163,689,348 units, up about 50.3% compared to the previous year. This year, the year 2009, is the 20th anniversary of the introduction of Nikkei 225 options, the flagship product of OSE. OSE is the only listed exchange in Japan whose shares have been traded on its own market, "Hercules," since April 2004. For more information about OSE, please visit www.ose.or.jp/e/.
About the NASDAQ OMX Group
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 over 3,700 listed companies. NASDAQ OMX Group 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 ETFs. NASDAQ OMX Group 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 Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
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. There can be no assurance that the FSA will give the NASDAQ OMX applicant the authorization and permissions which it seeks.
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