UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 17, 2013 (January 17, 2013)
The NASDAQ OMX Group, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 000-32651 | 52-1165937 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
| One Liberty Plaza, New York, New York | 10006 | |||
| (Address of principal executive offices) | (Zip code) | |||
Registrant’s telephone number, including area code: +1 212 401 8700
No change since last report
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On January 17, 2013, The NASDAQ OMX Group, Inc. issued a press release announcing that it will combine its Market Technology and Corporate Solutions businesses. This press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits. |
| Exhibit No. |
Exhibit Description | |
| 99.1 | Press release dated January 17, 2013. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: January 17, 2013 | The NASDAQ OMX Group, Inc. | |||||||
| By: | /s/ EDWARD S. KNIGHT | |||||||
| Edward S. Knight Executive Vice President and General Counsel | ||||||||
Exhibit 99.1
Jan 17, 2013
NASDAQ OMX to Combine Market Technology and Corporate Solutions
Businesses
Industry Leading Provider of Business, Trading and Exchange Technology Solutions to
Align Businesses to Improve Client Offering and Advance Technology Leadership
Position
Company Appoints Bradley Peterson as Global Chief Information Officer
NEW YORK, Jan. 17, 2013 (GLOBE NEWSWIRE) — The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the company will combine its Market Technology and Corporate Solutions businesses. The combination will enable increased focus and drive growth across the company’s technology businesses, create a dedicated software and technology management structure and advance NASDAQ OMX’s market position by leveraging global distribution and scaling our products and services. The new business unit will be led by Anna Ewing, executive vice president, Global Technology Solutions, NASDAQ OMX.
Global Technology Solutions includes Market Technology and Corporate Solutions. The Market Technology business provides technology and advisory services to over 70 marketplaces, clearing organizations and central securities depositories in over 50 countries as well as risk management and surveillance solutions to financial services firms. Corporate Solutions provides public and private companies with a portfolio of products and services that deliver critical market intelligence and communications solutions which help identify, target and communicate with stakeholders.
NASDAQ OMX intends to treat the combined Market Technology and Corporate Solutions businesses as a separate reporting segment effective January 1, 2013.
In addition, the company announced the appointment of Bradley Peterson to global chief information officer, effective February 6, 2013. Mr. Peterson will report to Ms. Ewing. Mr. Peterson will continue to drive the design and development of scalable and reliable solutions to further the growth and expansion of NASDAQ OMX's core products and services and the underlying tools and technologies used by NASDAQ OMX customers.
“As an industry technology leader, our state of the art systems and software deliver innovative solutions and world class technology to a globally diverse client base,” said Bob Greifeld, President and CEO, NASDAQ OMX. “With the proposed acquisition of Thomson Reuters’ IR, PR and Multimedia businesses and in combination with our Market Technology and Corporate Solutions business, we have achieved unprecedented scale in technology services. We intend to continue to build this leading franchise into one of the top technology organizations in the world and this
reorganization reflects our focus and commitment to this exciting and growing segment of our business.”
“Brad brings a vast amount of technology experience and leadership to NASDAQ OMX,” said Ms. Ewing. “He will lead a global team responsible for enhancing our technology products and services by helping to create innovative new business opportunities, extend our technology platforms and drive efficiencies. His priority will be to enable a better experience for our customers, partners and employees.”
Mr. Peterson was most recently Chief Information Officer for Charles Schwab where he and his team developed and launched Schwab's mobile brokerage and banking applications, modernized all client channels and established centers of excellence to attract and retain leading technology talent.
Prior to joining Charles Schwab, Mr. Peterson served as Chief Information Officer for eBay and chief technology officer for Epoch Partners where he established the information management and delivery team, championed the strategic use of analytics at eBay and PayPal, led acquisition integrations and built and managed institutional trading platforms. Mr. Peterson also previously served in multiple technology leadership roles at Pacific Telesis and AT&T Communications.
NASDAQ OMX delivers trading, exchange technology and public company services across six continents, with approximately 3,400 listed companies.
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 24 markets, 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-40 microsecond speeds with 99.999% 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 3,400 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. 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 Contact: | |
| Joseph Christinat | ||
| +1.646.441.5121 | ||
| Joseph.Christinat@NASDAQOMX.Com | ||
| NASDAQ OMX Investor Relations Contact: | ||
| John Sweeney | ||
| +1.212.401.8737 | ||
| John.Sweeney@NASDAQOMX.Com | ||