NEW YORK, May 17, 2016 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today announced that Macquarie Group, a leading provider of financial, advisory, investment and funds management services based in Sydney, Australia, is the latest company to join the Nasdaq International Designation. Through its membership, Macquarie will have access to Nasdaq’s investor relations services and unparalleled visibility assets to increase awareness with investors for their U.S.-traded Level 1 ADRs.
Launched in December 2015, the Nasdaq International Designation is available to non-U.S. companies that have Level 1 ADRs or shares that trade on the over-the-counter market. Member companies represent a diverse range of industry sectors and geographies, including five from Australia, notably Qantas Airways (OTC – Nasdaq Intl Select Designation: QABSY; ASX: QAN).
Nicholas Moore, Macquarie Group Managing Director and Chief Executive Officer, will visit the Nasdaq MarketSite on Thursday, May 19, 2016 to join Nasdaq in ringing The Nasdaq Stock Market Opening Bell. Commenting on the occasion, Mr. Moore said: “We are pleased to open the U.S. stock market as a member of the Nasdaq International Designation, enabling us to reach a broader base of investors.”
“Through Nasdaq International Designation, we are able to help world-class companies such as Macquarie and Qantas Airways gain unparalleled visibility and enhanced exposure to the U.S. investment community,” said Nelson Griggs, Executive Vice President, Nasdaq. “We look forward to supporting our member companies as they continue to drive global growth and offer investors diversified investment opportunities.”
Members of the Nasdaq International Designation program must be in compliance with the listing standards on their home country market and meet the Designation standards. Member companies are not listed or traded on The Nasdaq Stock Market and are not subject to the same listing or qualification standards applicable to securities listed or traded on the exchange.
For further information on membership requirements and to apply for the Nasdaq International Designation, please visit http://business.nasdaq.com/list/international-designation.
About Macquarie Group:
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 64 office locations in 28 countries. Macquarie employs more than 14,300 people and has assets under management of over $367 billion (as of March 30, 2016).
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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