LONDON and NEW YORK, April 12, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Atrium Network, provider of smarter connectivity for the financial community, today announced that NASDAQ Basic, NASDAQ OMX's lower cost alternative to NASDAQ Level 1, is now available to Atrium Network's fast growing community of European and North and South American customers.
Using a simple point of connectivity to Atrium Network's existing infrastructure, customers can benefit from real-time U.S. equities price discovery, offering quote and trade data for NASDAQ-traded equity securities, including NASDAQ, NYSE and NYSE Amex-listed stocks. Atrium Network will be among the first to be able to provide this cost-effective data stream to its European customer base and across its global Extranet. In turn, NASDAQ OMX can increase its reach by tapping into Atrium Network's well-established European customer base.
Commenting on NASDAQ Basic's connectivity to Atrium Network, Emmanuel Carjat, Chief Executive Officer of Atrium Network said, "In addition to Atrium Network's North American customers consuming NASDAQ OMX data, we are delighted that NASDAQ Basic is available to our international customer base. We believe this is testimony to the effectiveness of our global model to offer adaptable, low latency connectivity for our customers. Atrium Network's flexible approach to offering access matches the NASDAQ Basic approach to providing cost-effective trading data."
"We are pleased NASDAQ Basic is now available to Atrium Network's European customers," said Randall Hopkins, Senior Vice President, NASDAQ OMX Global Data Products. "With the addition of NASDAQ Basic, essential low-cost U.S. market data is now offered on a rapidly-expanding global network with a simple approach to connectivity. This is a win for customers of NASDAQ OMX and Atrium Network."
About Atrium Network
Atrium Network(TM) provides smarter connectivity solutions for the financial community.
Atrium Network offers client and industry connectivity via its extranet services (a single point of access to exchanges, MTFs, ECNs, clearing houses, CSDs, brokers and market data providers), as well as corporate technology (internet and intranet solutions). With a focus on reducing complexity and improving operational excellence, Atrium Network provides a range of innovative access options and the ability to self-provision.
Atrium Network is the market leader in providing an ultra low latency connectivity solution to multiple trading venues. Their 'Exchange Ring' offers a fabric of dark fibre connectivity to each of the main liquidity venues and is designed to mitigate the risk of any unnecessary co-location investment and ensure lowest possible latency access to all available trading venues.
In September 2009 Atrium Network was awarded 'Best New Vendor' at Financial News' European Awards for IT Excellence and in November 2009, was recognised as a leading innovator by Financial News in its annual Tech21 list of technology firms.
Atrium Network currently has a presence in Europe, North America and South America. Atrium Network is headquartered in Luxembourg with offices in London, New York and Paris. For more information, please view Atrium Network's website at www.atriumnetwork.com.
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 approximately 3,700 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.
NASDAQ OMX's 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 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.
CONTACT: Streets Consulting Ltd For Atrium Network: Julia Streets Julia.email@example.com Holly Finn firstname.lastname@example.org + 44 (0)20 7959 2235 The NASDAQ OMX Group, Inc. Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com