NEW YORK, July 13, 2016 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of IHS Markit Ltd. (Nasdaq:INFO) commenced on The Nasdaq Stock Market on July 13, 2016. This marks the successful merger of two companies – IHS (formerly NYSE:IHS) and Markit (formerly Nasdaq:MRKT) – creating a global leader in financial and corporate information.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/23de6f31-96fc-43b9-9aaf-2cccf4c2db22
Following a thorough stock exchange evaluation process, the management of IHS Markit selected Nasdaq for their listing venue and the “INFO” ticker symbol. The new entity is well positioned to provide customers across multiple industries with critical information, analytics and solutions.
“Nasdaq provides a comprehensive suite of trading, visibility and corporate solutions powered by cutting-edge technology,” said Jerre Stead, Chairman and Chief Executive Officer, IHS Markit. “Leveraging this partnership, we will be able to provide our customers and shareholders with greater value and enhanced services.”
“To us, Nasdaq has always been an invaluable partner with their dedicated business support and unmatched global network,” said Lance Uggla, President, IHS Markit. “Nasdaq will continue to be a strategic ally as we aim to reshape today’s business landscape with powerful insight, data and analytics.”
“Technology and innovation are at the heart of our business. We couldn’t be more excited about being the exchange partner for IHS Markit as they take on the new chapter of this incredible journey,” said Bob Greifeld, Chief Executive Officer, Nasdaq. “Nasdaq congratulates IHS Markit on the successful merger and looks forward to supporting the company while they continue to deliver best-in-class intelligence products and services.”
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and nearly 17,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com
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