NASDAQ OMX Appoints New Head of U.S. Equities for Transaction Services Business
NEW YORK, July 12, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that Michel Finzi has been appointed as Senior Vice President and Head of U.S. Equities of NASDAQ OMX Transaction Services. Mr. Finzi will join NASDAQ OMX later this summer and report to Eric Noll, Executive Vice President of NASDAQ OMX Transaction Services U.S. and U.K.
Mr. Finzi will be responsible for leading the strategic direction, sales efforts and market operations for NASDAQ OMX's three U.S. equity exchanges; The NASDAQ Stock Market, NASDAQ OMX BX and NASDAQ OMX PSX, as well as the sales efforts for the exchange group's two U.S. options exchanges; NASDAQ OMX PHLX and The NASDAQ Options Market. He will also operate and manage NASDAQ's Access Services data center ports and membership, co-location offerings and The FINRA/NASDAQ Trade Reporting FacilityTM. Mr. Finzi will drive innovative product development in equities and other asset classes to create new ways to leverage the exchange group's low-latency INET technology and leadership in operating transparent and liquid markets.
"Michel has more than 23 years of experience in global brokerage, trading technologies and electronic trading which will be instrumental as he leads our U.S. Equity efforts," said Eric Noll, Executive Vice President of NASDAQ OMX. "We intend to leverage Michel's background in multi-asset class trading platforms, sales and client management experience and electronic communication networks to continue to make NASDAQ OMX the premier liquidity venue servicing all market participants and investors."
Mr. Finzi joins NASDAQ OMX from ConvergEx RealTick, where he spent more than four years serving as Managing Director and Global Head of Business Development and as a member of the senior management team. Mr. Finzi was responsible for leading the sales and marketing efforts to buy-side, sell-side and active trading clients as well as helping to shape the company's product development strategy. Mr. Finzi started his career in 1988 at Instinet where he had numerous senior management roles in the United States and in Europe until 2003. His responsibilities included running client segment P & L's, developing international equity trading businesses, and leading various technology groups responsible for delivering a wide variety of electronic trading functionalities across global markets. Mr. Finzi is a graduate of the Ohio Wesleyan University.
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).
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: Media Contact: Robert Madden, NASDAQ OMX +1 646 441 5045 Robert.Madden@NASDAQOMX.com Investor Relations Contact: Vincent Palmiere, NASDAQ OMX +1 301 978 5242
In This StoryNDAQ
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.