nasdaq omx group/the (NDAQ) Key Developments
The Nasdaq OMX Group, Inc. Presents at Noble Financial Capital Markets Eleventh Annual Investor Conference, Jan-20-2015 05:00 PM
Jan 15 15
The Nasdaq OMX Group, Inc. Presents at Noble Financial Capital Markets Eleventh Annual Investor Conference, Jan-20-2015 05:00 PM. Venue: Club Med, Sandpiper Bay, Florida, United States. Speakers: Andrew Hall, Managing Director, New Listings.
Nasdaq Appoints Salil Donde as Executive Vice President and Head of Global Information Services
Jan 14 15
Nasdaq announced the appointment of Salil Donde as Executive Vice President and Head of Global Information Services. In this role, Mr. Donde will be responsible for leading the strategic direction of the business while managing the success and growth of Nasdaq's current data and index products. Mr. Doned will report directly to Adena Friedman, President of Nasdaq. He will be based in New York and will start on February 5, 2015. Most recently, Mr. Donde was CEO of Lewtan Technologies Inc.
Polish Power Exchange to Tap Nasdaq's X-Stream Trading Technology Platform
Jan 9 15
Polish Power Exchange and Nasdaq announced the Polish Power Exchange will tap Nasdaq's X-stream Trading technology platform. POLPX has been a Nasdaq customer since 2005, and the new agreement will extend this relationship beyond 2020. The new technology upgrade will give POLPX improved functionality and support higher trading volumes, which underscores its continued growth and allow for further expansion into other commodities and derivatives. In addition, POLPX will be Nasdaq's inaugural energy customer using X-stream Trading, which is currently the most highly deployed trading engine in the world.
SGX Next Generation Derivatives Trading and Clearing Platform to Use Nasdaq Technology
Dec 29 14
Singapore Exchange will upgrade its derivatives trading and clearing platforms to further strengthen Singapore's market infrastructure and to support the strong volume growth in SGX's derivatives business. The upgraded platforms, SGX TITAN, will ensure continued agility and innovation in terms of new products and services offered by SGX. It is designed to increase efficiency and lower trading and clearing costs for market participants. Industry standard access protocols, extensive self-help functionality and improved straight-through-processing will be the significant benefits from the upgraded infrastructure. SGX already offers the longest trading hours of any Asian exchange, and SGX TITAN will strengthen its risk controls and system safeguards to help market participants manage their trading and clearing positions on a 24-hour basis. The core trading and clearing systems are based on Nasdaq's Genium INET solution, with rollout scheduled towards the end of calendar year 2016. In addition, SGX will extend its engagement with Nasdaq for a further six years to support and maintain the Nasdaq systems in its securities and derivatives markets.
The Nasdaq OMX Group, Inc. Names Jeff Mccarthy as Vice President and Head of Exchange
Dec 18 14
The NASDAQ OMX Group Inc. has named Jeff McCarthy vice president and head of exchange-traded product listings and services. McCarthy previously served in the investor services and markets group at Citigroup Inc. with responsibility for global exchange-traded funds and North America fund services.