NASDAQ Welcomes Liquid Holdings Group, Inc. [NASDAQ:LIQD] to The NASDAQ Stock
NEW YORK, July 26, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ) today announced that trading of Liquid Holdings Group, Inc.
"Liquid" (Nasdaq:LIQD), a provider of cloud-based execution and order
management, risk and shadow accounting systems for the financial services
community, commenced on the NASDAQ Global Market on July 26, 2013, under the
ticker symbol "LIQD."
Liquid is leading the way for a new level of technology and services for the
global hedge fund and active trading markets. The Liquid platform was
purpose-built to manage the entire trade lifecycle in real-time, seamlessly
integrating order management and execution with real-time risk management,
portfolio management, reporting and shadow accounting in a single solution.
Designed for emerging and established hedge fund managers, asset managers,
wealth management offices, family offices and financial institutions, the
Liquid platform is delivered efficiently, quickly and securely in a
cloud-based SaaS model, or as a software installation on customers' premises.
Headquartered in New York City with offices in London and Aventura, Florida,
Liquid was formed in 2012.
"NASDAQ OMX congratulates Liquid on its initial public offering, which will
provide the company with the opportunity for continued growth as a public
company," said Nelson Griggs, Senior Vice President, NASDAQ OMX. "We look
forward to celebrating many milestones with Liquid and its shareholders in the
years to come."
Since its inception, NASDAQ OMX has been the home to some of the world's most
innovative and progressive software providers, including Liquid Holdings
Group, Inc., Google, Yahoo, Equinix and Akamai Technologies.
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 26 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 nasdaqomx.com. Follow us on Facebook
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(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes
any recommendation to buy or sell any security or any representation about the
financial condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not indicative
of future results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Christine Barna
+646 441 5310
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