ADVISORY, July 14, 2011 (GLOBE NEWSWIRE) --
FTEN, a provider of technology and related services designed to meet risk management and regulatory compliance objectives in connection with financial securities transactions, will visit the NASDAQ MarketSite in New York City's Times Square.
In response to SEC Market Access Rule 15c3-5, FTEN has developed a real-time data cloud solution available for market participants to meet the aggregate risk requirements of the Rule. The majority of the Rule becomes effective today, July 14, 2011, however, market participants have until November 30, 2011 to fully meet SEC aggregate risk requirements.
In honor of the occasion, Ted Myerson, Chief Executive Officer will join Gary LaFever, Chief Corporate Development Officer to ring The NASDAQ Stock Market Opening Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Thursday, July 14th, 2011 – 9:15 a.m. to 9:30 a.m. ET
For more information regarding FTEN and SEC Market Access Rule 15c3-5, please contact:
The Opening Bell is available from 9:20 a.m. to 9:35 a.m. on AMC3 / C20, downlink frequency 4100 vertical. The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Jen Knapp at (212) 401-8916.
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A live webcast of the NASDAQ Opening Bell will be available at:
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
FTEN, a NASDAQ OMX company, offers real-time, cross-market risk management solutions that provide market participants with transparency and control over their global trading activity. Our mission is to help firms build and grow their electronic trading businesses — allowing for more efficient use of capital while maintaining full regulatory compliance.
FTEN's patented technology allows users to monitor their aggregate intraday risk profile on a global basis. We have a highly scalable and reliable market access platform that connects to all major pools of liquidity and supports multiple asset classes. Our systems provide pre-, at- and post-trade risk, compliance and reporting solutions that satisfy even the most latency sensitive users.
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 more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX 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 exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
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