STOCKHOLM, Sweden, July 23, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announces that the Tokyo Commodities Exchange (TOCOM) and system integrator NTT Data have extended their contract with NASDAQ OMX to 2019. Under the contract NASDAQ OMX will continue to operate and support TOCOM's integrated trading and clearing platform for commodity derivatives. In addition TOCOM has upgraded its trading platform for improved latency performance. TOCOM rolled out its NASDAQ OMX powered platform in 2009.
Mr. Tadashi Ezaki, TOCOM President & CEO, said: "Our collaboration with NASDAQ OMX has been highly rewarding for TOCOM and market participants alike and through this extension we are moving our partnership to the next level. NASDAQ OMX consistently provides outstanding support and system performance and the latest latency upgrade makes TOCOM one of few commodities exchanges in the world with millisecond latency."
Mr. Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology, commented: "This contract extension is a testament of the successful and fruitful partnership between TOCOM, NTT Data and NASDAQ OMX. Japan continues to be a key market for NASDAQ OMX and TOCOM's commitment to our technology reinforces our market position."
In addition to TOCOM, NASDAQ OMX today supplies technology to the Osaka Securities Exchange and SBI Japannext in the Japanese market.
About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 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-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges 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 3,400 listed companies worth $6.2 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. 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.
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 NASDAQ OMX's 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.
CONTACT: NASDAQ OMX media contact: Carl Norell +46 8 405 66 39 firstname.lastname@example.org
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