press center press release

NASDAQ OMX Sees Momentum in Initial Public Offerings & Listing Application Growth

Published

NEW YORK, Oct. 6, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, has seen increased listings momentum through IPOs and listing applications during the second half of 2009. Year to date, NASDAQ OMX has won 15 IPOs that have raised $ 4.2 billion. Currently the exchange has 171 listing applications in the pipeline from sectors including biotech, technology and social media.

Recently, NASDAQ OMX welcomed Shanda Games which raised over $1 billion, more than any other Chinese IPO listed on NASDAQ. Shanda Games is the second Chinese IPO for NASDAQ this year, joining game developer Changyou.com which listed in April 2009. Greater China continues to be a key market for NASDAQ OMX, with a total of 116 listings. Other recent NASDAQ OMX wins included A123 Systems, Avago and Talecris Therapeutics.

"With the IPO market showing signs of revival, NASDAQ OMX continues to build momentum by winning the majority of IPOs coming to market across a variety of industry sectors," said Bruce Aust, Executive Vice President, NASDAQ OMX. "While we haven't seen a return to the levels we saw in 2006 and 2007, we are encouraged by the recent IPOs and the pickup in IPO and listing applications we've seen in the last several months."

This week, insurance industry risk specialist Verisk Analytics Inc. plans to list on NASDAQ, marking the largest U.S. initial public offering in the last 12 months. NASDAQ OMX continues to attract switches from NYSE Euronext with a total of 14 companies transferring to NASDAQ in 2009. These companies have a total value of over $13.1 billion and include Mattel Inc., R&R Donnelly & Sons, and Dreamworks Animation.

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 3,700 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 listings on The NASDAQ Stock Market and NASDAQ OMX'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.

NDAQG

CONTACT: The NASDAQ OMX Group, Inc. Media Contacts: Bethany Sherman +1.212.401.8714 bethany.sherman@nasdaqomx.com

In This Story

NDAQ

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more