LONDON, Feb. 22, 2010 (GLOBE NEWSWIRE) -- NASDAQ OMX Europe (NEURO) today announced the appointment of Dan Smith as Post Trade Manager. In his new capacity Mr. Smith will spearhead NEURO's Post Trade strategy, working closely with central counterparty clearinghouses to increase efficiency and reduce costs for trading participants. In addition, Mr. Smith will be the primary contact with General Clearing Firms and lead NEURO's effort to promote interoperability between clearinghouses.
Currently a Managing Director in the Markets Development Team at NEURO, Mr. Smith will continue to be responsible for new initiatives such as the Sponsored Access Program and the extension of NEURO's offering to Central and Eastern European markets.
"This appointment signifies our focus on the post trade arena – specifically, lowering costs and increasing competition through interoperability initiatives," commented Charlotte Crosswell, President of NEURO.
Prior to joining NEURO, Mr. Smith spent three years with Credit Suisse in their equities compliance team and before that, four years in various positions with the London Stock Exchange.
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NASDAQ OMX Europe, the most competitively priced multilateral trading facility in Europe, is the first platform to connect European liquidity pools with Pan-European routing. NASDAQ OMX Europe currently trades approximately 1,200 securities including constituents of the main European indices, ETFs and other highly liquid securities. For more information about NASDAQ OMX Europe, visit www.nasdaqomxeurope.com.
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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 www.nasdaqomx.com
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