NEW YORK, May 27, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.(sm) (Nasdaq:NDAQ) today announced NASDAQ Market Pathfinders has been recognized as the Best New Data Product of the Year. This recognition of excellence was announced recently at the 7th annual Inside Market Data Awards event in New York. NASDAQ Market Pathfinders' recognition as the best new data product was determined by the readership of Inside Market Data, the publication of choice for senior level data and technology executives within the financial services and securities industry.
"In these volatile market conditions, NASDAQ Market Pathfinders has become an increasingly valuable tool that can help investors improve the quality and timing of their trades, so this acknowledgement of excellence is particularly gratifying for us," said Randall Hopkins, Senior Vice President, NASDAQ OMX Global Data Products. "NASDAQ Market Pathfinders allows all investors to see what the smart money -- or well-informed market participants -- is doing, and is one of an array of innovative NASDAQ OMX data products that are designed to meet the growing demands of investors."
NASDAQ Market Pathfinders is a real-time data feed that provides unparalleled insight into the buying and selling patterns of well-informed market participants who are aggressively taking a position over time, while at the same time not revealing the identity of any particular market participant. NASDAQ Market Pathfinders captures the sentiment of NASDAQ market makers as a whole and enables users to compare the number of bullish vs. bearish "Pathfinders" and the number of shares they bought and sold.
Ideal for algorithmic traders and distributors, NASDAQ Market Pathfinders is available as a data feed and as a NASDAQ Display Solution. NASDAQ Market Pathfinders is also available to investors directly through the NASDAQ OMX DataStore.
Other recent innovations include the introduction of NASDAQ Basic, a real-time product that provides customers essential quote and trade data for all U.S. exchange-listed securities in an extremely affordable and flexible manner. NASDAQ Basic data is based on trading on NASDAQ(r), the most liquid market for all U.S.-listed equity securities.
For more information about NASDAQ OMX Data Products, visit the NASDAQ OMX DataStore at www.data.nasdaqomx.com or send an email to firstname.lastname@example.org.
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 3,800 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.
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 Market Pathfinders and NASDAQ OMX Group'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 Group's control. These factors include, but are not limited to factors detailed in NASDAQ OMX Group'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: NASDAQ OMX Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com