NEW YORK, March 16, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that Mary McDermott-Holland has been appointed as Vice President of NASDAQ OMX Transaction Services. Ms. McDermott-Holland will join NASDAQ OMX effective April 6 and report to Eric Noll, Executive Vice President of NASDAQ OMX Transaction Services.
Ms. McDermott-Holland will manage the institutional investor relationships of the U.S. Transaction Services business acting as the liaison to the Institutional Traders Advisory Council (ITAC) as well as representing NASDAQ OMX at industry conferences and events.
"Mary is an industry leader and a well-known name amongst institutional traders," said Eric Noll, Executive Vice President of NASDAQ OMX. "We expect Mary to have a near-immediate impact on our thinking around market structure and our larger relationship to the institutional investor community. Working with our traditional broker-dealer client base, Mary can service that community's needs more effectively. We are very pleased to have her on board."
Ms. McDermott-Holland joins NASDAQ OMX from Mellon Capital Management where she served as Director and Trading Manager. Previously, she was Senior Vice President at Franklin Portfolio Associates before its merger with Mellon Capital in January, 2009. During her 28-year career, she was Head of Institutional Trading and focused on execution, transaction costs, process improvement, systems enhancement and client service. She also managed relationships with brokers, vendors and venues.
Mary has served the industry in many capacities including Past Chairman of the Security Traders Association, President of the Boston Securities Traders Association, Board Member of the Boston Stock Exchange, Member of the New York Stock Exchange Institutional Traders Advisory Committee and Allocation Committee, Co-Chair of NASDAQ's Quality of Markets Committee, Member of Trader Forum's Advisory Committee, Member of the Investment Company Institute's Equity Markets Advisory Committee and was the founding Chairman of NASDAQ's Institutional Traders Advisory Committee. Mary is a member of the National Organization of Investment Professionals and currently serves on Fordham University's Business Advisory Council.
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. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
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 The NASDAQ Stock Market 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: The NASDAQ OMX Group, Inc. Media Contacts: Robert Madden +1 646 441 5045 Robert.Madden@nasdaqomx.com Investor Relations Contact: Vincent Palmiere +1 301 978 5242 email@example.com
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