Photo Release -- NASDAQ OMX Hosts Fourth Annual Derivatives Week Event in Stockholm
STOCKHOLM, Sweden, Jun 11, 2008 (PrimeNewswire via COMTEX News Network) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has opened its fourth annual Derivatives Week event, to be held in Stockholm from June 10-12. One of the largest gatherings of derivatives professionals in Europe, Derivatives Week brings together more than 550 Nordic derivatives members and investors from 15 countries to listen to world-leading expert speakers in the field of derivatives. This year's keynote speaker is Dr. William F. Sharpe, awarded the Nobel Prize for his contributions to the Capital Asset Pricing Model (CAPM).
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In addition to Dr. Sharp, speakers include Dr. Emanuel Derman, author of the best-selling book "My Life as a Quant," Dr. Espen Gaarder Haug, renowned derivatives theory expert, and Chicago-based veteran derivatives trader Ms. Denise Hubbard.
"Derivatives Week acts as a great meeting place for the Nordic and European derivatives community," says Henrik Paulsson, Senior Vice President NASDAQ OMX Derivatives Markets Nordics. "In addition to coming to listen to the world-class speakers we invite each year, it also provides a great opportunity to network and catch up on industry news and trends."
In the Nordics, NASDAQ OMX has offered derivatives trading since the mid-1980s, creating a mature and liquid market which today is the third largest in Europe. NASDAQ OMX recently introduced its U.S. options market, and is currently in the process of acquiring PHLX, one of the largest options markets in the U.S., and the international energy and carbon derivatives products of Nord Pool, Europe's largest power derivatives exchange. In addition, NASDAQ OMX delivers trading technology to derivatives markets around the globe.
"Futures and options have always been very popular instruments within the Nordic investment community, which is reflected in the growing trading volumes," says Henrik Paulsson. "This knowledge and experience from the Nordics will support NASDAQ OMX's entry in the U.S. options market, enabling us to better engage in and grow this important business."
ABOUT NASDAQ OMX GROUP
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
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. There can be no assurance that the FSA will give the NASDAQ OMX applicant the authorization and permissions which it seeks.
NDAQF
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SOURCE: The NASDAQ OMX Group, Inc.
The NASDAQ OMX Group, Inc. Bethany Sherman (212) 401-8714 bethany.sherman@nasdaqomx.com Carl Norell +46-8-405 66 39 carl.norell@nasdaqomx.com
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