DGAP-News: NASDAQ OMX and Borsa Istanbul Sign Strategic Partnership
(firmenpresse) - The NASDAQ OMX Group, Inc.
03.07.2013 09:00
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NASDAQ OMX to Provide a Suite of Comprehensive Market-Leading Exchange
Technologies to Borsa Istanbul
Partnership Will Strengthen Istanbul's Position as an International Financial
Center, and Will Expand Both Companies' Global Footprint
NEW YORK and ISTANBUL, Turkey, July 3, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX
Group (Nasdaq:NDAQ) and Borsa Istanbul have signed a partnership agreement
today, which aims to expand Borsa Istanbul's global presence, while
substantially strengthening Istanbul's position as a regional hub for capital
markets. Borsa Istanbul will integrate and operate NASDAQ OMX's suite of
world-class market technologies for trading, clearing, market surveillance and
risk management, covering all asset classes including energy contracts.
Further, the two companies will actively collaborate in the region. This
strategic partnership points to a long-term commitment which would benefit
member firms and customers of both exchanges.
'This is a notable milestone for Borsa Istanbul, as well as for Turkey, the
surrounding region and the whole exchange industry,' said Dr. Ibrahim M.
Turhan, Chairman and CEO of Borsa Istanbul. 'Our objective is to position Borsa
Istanbul as a leading integrated multi-asset exchange, and to provide a
cutting-edge platform serving issuers, investors, and traders globally. We are
delighted by this partnership with such a powerful global brand, which covers
not only a technology and know-how transfer, but also cements a strong
operating union to capitalize jointly the commercial opportunities in the
broader Eurasia region. Together with the Nasdaq OMX team we will leverage
NASDAQ OMX's best-of-breed offering. Borsa Istanbul will have full control and
deep knowledge of the technology and thus will be self-sufficient in this
regard.'
'We are very proud and honored to be working with Borsa Istanbul as they
rapidly become an international financial hub and a true global player,' said
Bob Greifeld, CEO of NASDAQ OMX. 'The opportunity to provide not only our
technology to power the Turkish markets, but also to become a strategic partner
of Borsa Istanbul, in order to further develop the region's capital markets is
a significant moment for our company.'
'This partnership is a substantial achievement for our market technology
business,' said Anna Ewing, Executive Vice President, Global Technology
Solutions, NASDAQ OMX. 'The opportunity to have our entire suite of market
technology products, including our advisory services and broker services, at
the center of powering Borsa Istanbul is a clear indication of NASDAQ OMX's
commitment to delivering industry-leading technology to our customers and
strategic partners.'
Borsa Istanbul is advised by Sardis Capital Limited.
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 atsub-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)
About Borsa Istanbul
Borsa Istanbul, through its subsidiaries (Takasbank and Central Registry
Agency), is the sole provider in Turkey, of trading, settlement, custody and
registry services for a wide range of products such as equities, debt
securities, repo, warrants, options, futures, certificates and ETFs. Via a
major reform in 2012 consummated by the new Capital Markets Law enacted in
December 2012, Borsa Istanbul successfully completed its de-mutualization and
privatization, as well as horizontal integration via acquisition of the
derivatives and precious-metals exchanges, and vertical integration via control
of the two domestic post-trade firms, with a strengthened regulatory backdrop
in terms of enhancements in transparency and investor protection. For further
information, please visit Borsa Istanbul at www.borsaistanbul.com, and follow
us on Facebook (http://www.facebook.com/borsaistanbul), and Twitter
(http://www.twitter.com/borsaistanbul).
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 and its 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.
NDAQG
CONTACT: NASDAQ OMX Media Contact:
Ryan Wells
+1 (212) 231-5541 (office); +1 (646) 581-4286 (mobile)
Ryan.Wells(at)NASDAQOMX.com
Borsa Istanbul Media Contact:
Ugur Bati
+90 212 298 2488 (office)
ugur.bati(at)borsaistanbul.com
News Source: NASDAQ OMX
03.07.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
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Datum: 03.07.2013 - 09:00 Uhr
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