
Brian Pardo, President and Chief Executive Officer of Life Partners Holdings, Inc. (LPHI), presides over the Opening Bell.
LPHI is the only publicly held life settlement provider and will be announcing its record earnings, as well as a special enhanced cash dividend for shareholders. Mr. Pardo was recently honored as one of the "Ten Most Influential People in Life Settlements," by the Life Settlement Review. The ceremony highlights the dramatic increase in interest in the life settlement market, which is expected to reach $31B in the next several years.
About Life Partners Holdings, Inc. (LPHI):
Life Partners is the world's oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called "life settlements." Since its incorporation in 1991, Life Partners has completed over 95,000 transactions for its worldwide client base of almost 22,000 high net worth individuals and institutions in connection with the purchase of over 6,000 policies totaling almost $1.9 billion in face value.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.