NEW YORK, July 24, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) has been recognized as the world's premier stock exchange for data feeds for the second consecutive year. In the fifth annual Waters Rankings, readers of Waters magazine voted NASDAQ the winner of the "Best Exchange Data Feeds" award.
NASDAQ's acknowledgement of this distinguished award was determined by nearly 600 sell and buyside end users of data who subscribe to Waters magazine -- the leading publication for financial technology professionals worldwide.
The results show that readers of Waters magazine prefer NASDAQ for speed, price, reliability and overall service even more than they did last year. NASDAQ's margin of victory this year increased to 12% versus last year's 2% margin.
"Receiving this endorsement from hundreds of industry experts is an especially rewarding achievement," said Adena Friedman, NASDAQ Executive Vice President, Corporate Strategy and Data Products. "Such recognition validates our ability to provide an array of innovative tools that help investors and traders achieve their trading strategies."
NASDAQ was also the recipient recently of another prestigious award for the second consecutive year. In May 2007, NASDAQ was recognized by the readership of Inside Market Data as the best data provider among the world's securities exchanges. Inside Market Data is the publication of choice for senior level data and technology executives within the financial services and securities industry throughout the world.
NASDAQ has delivered another innovative data solution with the recent introduction of The NASDAQ DataStore, an online collection of innovative data tools for institutional and individual investors. NASDAQ's offering of these unique data products on the Web marks the first time a U.S. stock exchange has provided an opportunity for direct purchase of this breadth of data directly via the Web.
As part of this initiative, NASDAQ will also be supporting full "plug-and-play" access to its premium market data products. This distribution allows market data vendors and market data distributors more efficient, easier, and less expensive deployments of new data products.
For more information about The NASDAQ DataStore and NASDAQ Data Products, visit http://www.nasdaqtrader.com/trader/mds/mdsoverview/mdsoverview.stm.
NASDAQ is the largest U.S. equities exchange. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks as well as a leading liquidity pool for trading NYSE-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
CONTACT: The Nasdaq Stock Market, Inc. Media Contact: Wayne Lee 201-978-4875 Wayne.D.Lee@Nasdaq.com
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