NEW YORK--(PRIME NEWSWIRE)--April. 16, 2008
First Technology Contract as Combined Company
The NASDAQ OMX Group, Inc.(Nasdaq:NDAQ) today announced it has signed a contract with the Tokyo Commodity Exchange (TOCOM) and NTT Data to provide an integrated trading and clearing system for commodity derivatives. The contract
with TOCOM represents NASDAQ OMX's first technology customer in Japan
and its first major technology contract win since its merger.
In December 2007 TOCOM announced their selection of NASDAQ OMX as
technology provider, and NTT Data as prime contractor and system
integrator for its new trading and clearing platform. Today at a
contract signing ceremony in Tokyo, NASDAQ OMX signed the License
Agreement with TOCOM, as well as Project and Support Agreements with
NTT Data. The new system is scheduled to roll out in May of 2009.
"Our signing today is a reflection of the successful collaboration
between TOCOM, NTT Data and NASDAQ OMX in designing an agreement that
puts us on course for a successful launch," said Markus Gerdien,
Executive Vice President Market Technology at NASDAQ OMX. "In order to
provide optimal support, we have recently appointed a local General
Manager with plans to further increase our presence in Japan, which
remains an important marketplace for NASDAQ OMX."
"It is with great pleasure and anticipation that we today signed this
contract with NASDAQ OMX and NTT Data," says Mr. Fukui, Executive
Director TOCOM Systems Division. "The deployment of a world-class, high
performance exchange system will enable us to offer more and better
services to our customers, allowing TOCOM to grow and thrive in the
global commodity marketplace."
The integrated trading and clearing system delivered to TOCOM by NASDAQ
OMX is based on an open architecture with Straight-Through-Processing
(STP) capabilities that enable the entire trade process to be conducted
electronically.
TOCOM is Japan's largest commodity exchange with more than 75% market
share, and lists commodities futures and options contracts, including
metals, oil and rubber.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It
delivers trading, exchange technology and public company services
across six continents, and with over 3,900 companies, it is number one
in worldwide listings among major markets. NASDAQ OMX offers multiple
capital raising solutions to companies around the globe, including its
U.S. listings market; the OMX Nordic Exchange, including First North;
and the 144A PORTAL Market. The company offers trading across multiple
asset classes including equities, derivatives, debt, commodities,
structured products and ETFs. NASDAQ OMX technology supports the
operations of over 60 exchanges, clearing organizations and central
securities depositories in more than 50 countries. OMX Nordic Exchange
is not a legal entity but describes the common offering from NASDAQ OMX
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.
CONTACT: The NASDAQ OMX Group, Inc.
Media Contacts:
Bethany Sherman
+1 212 401 8714
bethany.sherman@nasdaqomx.com
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
First Technology Contract as Combined Company
The NASDAQ OMX Group, Inc.(Nasdaq:NDAQ) today announced it has signed a contract with the Tokyo Commodity Exchange (TOCOM) and NTT Data to provide an integrated trading and clearing system for commodity derivatives. The contract
with TOCOM represents NASDAQ OMX's first technology customer in Japan
and its first major technology contract win since its merger.
In December 2007 TOCOM announced their selection of NASDAQ OMX as
technology provider, and NTT Data as prime contractor and system
integrator for its new trading and clearing platform. Today at a
contract signing ceremony in Tokyo, NASDAQ OMX signed the License
Agreement with TOCOM, as well as Project and Support Agreements with
NTT Data. The new system is scheduled to roll out in May of 2009.
"Our signing today is a reflection of the successful collaboration
between TOCOM, NTT Data and NASDAQ OMX in designing an agreement that
puts us on course for a successful launch," said Markus Gerdien,
Executive Vice President Market Technology at NASDAQ OMX. "In order to
provide optimal support, we have recently appointed a local General
Manager with plans to further increase our presence in Japan, which
remains an important marketplace for NASDAQ OMX."
"It is with great pleasure and anticipation that we today signed this
contract with NASDAQ OMX and NTT Data," says Mr. Fukui, Executive
Director TOCOM Systems Division. "The deployment of a world-class, high
performance exchange system will enable us to offer more and better
services to our customers, allowing TOCOM to grow and thrive in the
global commodity marketplace."
The integrated trading and clearing system delivered to TOCOM by NASDAQ
OMX is based on an open architecture with Straight-Through-Processing
(STP) capabilities that enable the entire trade process to be conducted
electronically.
TOCOM is Japan's largest commodity exchange with more than 75% market
share, and lists commodities futures and options contracts, including
metals, oil and rubber.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It
delivers trading, exchange technology and public company services
across six continents, and with over 3,900 companies, it is number one
in worldwide listings among major markets. NASDAQ OMX offers multiple
capital raising solutions to companies around the globe, including its
U.S. listings market; the OMX Nordic Exchange, including First North;
and the 144A PORTAL Market. The company offers trading across multiple
asset classes including equities, derivatives, debt, commodities,
structured products and ETFs. NASDAQ OMX technology supports the
operations of over 60 exchanges, clearing organizations and central
securities depositories in more than 50 countries. OMX Nordic Exchange
is not a legal entity but describes the common offering from NASDAQ OMX
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.
CONTACT: The NASDAQ OMX Group, Inc.
Media Contacts:
Bethany Sherman
+1 212 401 8714
bethany.sherman@nasdaqomx.com
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com