Hong Kong Exchanges & Clearing (HKEx) Goes Live With NASDAQ OMX's Genium INET Trading & Clearing Platform

Hong Kong Exchanges & Clearing (HKEx) Goes Live With NASDAQ OMX's Genium INET
Trading & Clearing Platform

New Derivatives Market Trading & Clearing Engine Launches a Month and a Half
Ahead of Schedule

NEW YORK and HONG KONG, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Hong Kong Exchanges
and Clearing Limited (HKEx) announced the successful launch of NASDAQ OMX's
(Nasdaq:NDAQ) trading and clearing exchange technology platform, Genium INET,
for HKEx's derivatives market. The launch, which occurred in mid-October, was
a full month-and-a-half ahead of the original planned roll-out schedule.

"A key factor in making our launch successful was the ability to establish a
true partnership with NASDAQ OMX," said Bill Chow, Chief Technology Officer,
HKEx. "The new project methodology with early joint testing proved to be
highly effective and an important element in the delivery approach, resulting
in high quality and close collaboration between the delivery teams. This
ultimately contributed to shortening the time to market. We are very proud of
this launch."

The system upgrade multiplied the clearing and trading capacity, equipped the
Hong Kong Futures Automatic Trading System (HKATS) with ultra-low-latency
trade processing capability and improved Derivatives Clearing and Settlement
System's (DCASS) clearing processing by shortening batch running times.
Additionally, new central gateways for exchange and clearing participants were
introduced to reduce the hardware footprint and network bandwidth requirements
at participants' premises.The new platform also offers new functionalities
such as Tailor-Made Combination (TMC) orders, a new trading function for
investors to execute option strategies with multiple legs at one net price,
with auto-matching capability.

"We are very proud of this significant launch and delivery in both the major
technology improvements to HKEx derivatives market systems and developing true
teamwork between the two organizations leveraging our new Genium project
methodology," said Lars Ottersgård, Senior Vice President, Market Technology,
NASDAQ OMX. "HKEx is one of the largest and most advanced financial markets in
the world and growing. HKEx, its participants and investors will enjoy a
significant performance and capacity boost from our Genium INET technology,
and it has been a true pleasure supporting HKEx's technology initiatives."


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 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 Genium INET 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.


         Ryan Wells
         (212) 231-5541 (office)
         (646) 581-4286 (mobile)

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