DGAP-News: China Financial Futures Exchange and NASDAQ OMX Sign MOU
(firmenpresse) - The NASDAQ OMX Group, Inc.
29.10.2013 13:00
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MEXICO CITY, 2013-10-29 13:00 CET (GLOBE NEWSWIRE) --
China Financial Futures Exchange (CFFEX) and the NASDAQ OMX Group, Inc
(Nasdaq:NDAQ), signed a memorandum of understanding (MOU) at the World
Federation of Exchanges' annual meeting to strengthen cooperation and promote
mutual development. CFFEX Chairman Zhang Shenfeng and NASDAQ OMX Vice Chairman
Sandy Frucher signed the MOU.
'In recent years, CFFEX has been exploring its global strategy, which includes
learning from the experience of overseas markets, strengthening cooperation
with them and exploring development opportunities,' said Zhang Shenfeng,
Chairman, CFFEX. 'CFFEX and NASDAQ OMX have previously cooperated, and this new
MOU can be seen as an opportunity to explore other areas of cooperation for the
mutual benefit of each exchange.'
According to the MOU, CFFEX and NASDAQ OMX will carry out extensive cooperation
regarding technology, consultation, information sharing, staff training and
explore opportunities for cooperation to promote collaborative business
projects.
'We are excited to sign the MOU with CFFEX, hoping that this will strengthen
the relationship between NASDAQ OMX and the China financial futures market to
create more cooperation in the market,' said Sandy Frucher, Vice Chairman,
NASDAQ OMX. 'We will continue exploring more cooperative business opportunities
between CFFEX and NASDAQ OMX for ongoing mutual benefits and common
development.'
About China Financial Futures Exchange:
With the approval of the State Council and the authorization of China
Securities Regulatory Commission (CSRC), China Financial Futures Exchange
(CFFEX) was jointly founded by Shanghai Futures Exchange, Zhengzhou Commodity
Exchange, Dalian Commodity Exchange, Shanghai Stock Exchange and Shenzhen Stock
Exchange on September 8, 2006 in Shanghai. The establishment of CFFEX is of
strategic significance to deepening reform of the financial market, perfecting
the financial market system, and exercising the function of the financial
market.
Among CFFEX's main functions include organizing and arranging the listing,
trading, clearing and settlement of financial derivatives including financial
futures, formulating exchange rules, carrying out self-management, releasing
market trading information, and providing technology, venues and facility
services. CFFEX is the only financial futures exchange in China, and its liquid
CSI 300 Index Futures contract has benchmark status. To learn more please visit
www.cffex.com.cn.
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 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
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.
NDAQG
NASDAQ OMX Media Contact:
Ryan Wells
(212) 231-5541 (office)
(646) 581-4286 (mobile)
Ryan.Wells(at)NASDAQOMX.com
CFFEX Media Contact:
Zhang Peng
zhangpeng(at)cffex.com.cn
News Source: NASDAQ OMX
29.10.2013 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.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: 29.10.2013 - 13:00 Uhr
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News-ID 310255
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