NASDAQ OMX Chosen to Power New East Africa Exchange

NASDAQ OMX Chosen to Power New East Africa Exchange

NEW YORK, Jan. 23, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ) today announced that it has been selected as the technology
partner for a new exchange, East Africa Exchange. NASDAQ OMX will deliver its
widely deployed X-stream technology to power trading and clearing for the
nascent exchange.

Through private sector led investment and under the terms of an agreement
signed with the Government of Rwanda, the East Africa Exchange aims to
increase regional market efficiency and liquidity as well as giving the
region's population of 130 million, especially smallholder farmers, better
access to markets. The exchange will initially focus on establishing an
auction facility and spot trading for agriculture and non-agriculture
commodities, but will also develop futures trading across the East Africa
Community region.

NASDAQ OMX's X-stream technology will handle trading and clearing of equities
and derivatives securities and is scheduled to roll out during the third
quarter of 2013. NASDAQ OMX was selected in competition with a number of
global exchange technology providers.

The East Africa Exchange will operate on a private, commercial basis, and has
been established through a joint venture project by four investors: Berggruen
Holdings, Heirs Holdings, 50 Ventures and Ngali Holdings.

"This is a significant honor for us to be chosen to help launch a new exchange
in Africa," said Lars Ottersgård, Senior Vice President and Head of Market
Technology. As the East Africa Exchange grows and expands its vision for
greater market efficiency, liquidity and transparency, we are dedicated to
supporting its efforts through our proven trading and clearing technology."

NASDAQ OMX's X-stream technology is currently used by over 25 exchanges
globally.

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.

                                    NASDQ

CONTACT: NASDAQ OMX Media Contact:
         Ryan Wells
         (212) 231-5541 (office)
         (646) 581-4286 (mobile)
         Ryan.Wells@NASDAQOMX.com

company logo
 
Press spacebar to pause and continue. Press esc to stop.