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The NASDAQ Stock Market Leads U.S. Exchanges in IPOs for Q3 2013

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Strong September Brings NASDAQ's Quarterly IPO Total to 38

91 IPOs YTD at End of Third Quarter 2013

Remains the Leading U.S. Exchange for Technology, Biotechnology and Venture Capital-Backed Listings

NEW YORK, Sept. 30, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it welcomed 59 new listings in the third quarter of 2013, including 38 initial public offerings (IPO) – more IPOs than any other U.S. exchange. Combined proceeds raised by NASDAQ's 91 IPOs in 2013 year-to-date total more than $10 billion.

Recent momentum in the U.S. IPO market is ahead of previous years. In the first three quarters of 2013, 166 companies have gone public on U.S. markets, as compared to 109 for the same period in 2012. This is the most IPOs over the first nine months of any year since 2007.

"NASDAQ has attracted more new listings than any other U.S. exchange for the first three quarters of 2013 as IPO activity continues to pick up pace," said Nelson Griggs, Senior Vice President, NASDAQ OMX. "In the last two weeks of September alone, 17 companies from a range of industries listed via an initial public offering on the NASDAQ Stock Market and we see a very strong pipeline for the remainder of the year."

Especially noteworthy in the third quarter was sustained momentum with venture capital and private equity-backed listings. Approximately 72 percent of venture capital-backed IPOs list on NASDAQ and several notable private equity-backed companies made their IPO on NASDAQ during the third quarter, including: specialty grocery store operator Sprouts Farmers Market (Nasdaq:SFM); high performance suspension product manufacturer Fox Factory Holding Corp. (Nasdaq:FOXF); diversified lumber and building materials distributor and solutions provider Stock Building Supply Holdings (Nasdaq:STCK); and wind power company Pattern Energy Group (Nasdaq:PEGI).

NASDAQ also maintained its dominance in the third quarter of 2013 with technology listings, welcoming nine technology companies, including: cybersecurity software provider FireEye Inc. (Nasdaq:FEYE); digital advertising technology provider Rocket Fuel (Nasdaq:FUEL); digital coupon marketplace operator RetailMeNot Inc. (Nasdaq:SALE); and HR/benefits technology provider Benefitfocus (Nasdaq:BNFT), bringing NASDAQ's total number of technology IPOs to 19 for 2013 year-to-date. Technology companies listed on NASDAQ are currently trading 47 percent above their IPO prices. NASDAQ is home to over 75 percent of technology companies listed on U.S. exchanges.

In addition, NASDAQ's value proposition continues to attract listing transfers from competing U.S. exchanges. Four companies switched to NASDAQ in the third quarter of 2013, including VimpelCom (Nasdaq:VIP), a $19 billion telecommunications leader based in the Netherlands, and Old National Bancorp (Nasdaq:ONB), the largest financial services bank holding company headquartered in Indiana with $9.6 billion in assets.

  Q3 2013
Total New Listings 59
Initial Public Offerings* 38
Upgrades from Over-the-Counter 10
ETF, Structured Products, Reverse Mergers & Other Listings 7
Transfers to NASDAQ from Competing Exchanges 4
*Includes the following capital raising events: IPO, REIT, Best Effort and Spin-offs  

About NASDAQ OMX Group

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

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 Private Market and NASDAQ OMX's other businesses, 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's control. These factors include, but are not limited to factors detailed in NASDAQ OMX'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: NASDAQ OMX Media Relations Contacts: Will Briganti +1.646.441.5012 William.Briganti@NASDAQOMX.com

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