NEW YORK, Oct. 11, 2010 (GLOBE NEWSWIRE) -- Osaka Securities Exchange Co., Ltd (OSE), operator of the JASDAQ market, and The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced a strategic alliance for OSE to be the first Asian exchange marketing partner of GlobeNewswire (GNW) and the NASDAQ OMX suite of products. OSE and NASDAQ OMX will further explore adding additional services to this mutually beneficial partnership.
The partnership allows OSE to implement new corporate services for JASDAQ listed companies to support their globalization efforts, while providing expanded opportunity for NASDAQ OMX to further target the burgeoning Asian market. This alliance will build upon NASDAQ OMX's established presence in the region, and will further its goal of providing the technology that enables communication worldwide.
The GNW service allows JASDAQ listed companies to broadcast their corporate information to major US news distribution channels (such as Dow Jones, AP, The Wall Street Journal, Bloomberg, New York Times, Yahoo! Finance, and Google, AOL, etc.) while delivering corporate information to more than 80 countries worldwide. GNW also enables JASDAQ listed companies to reach customized targets, focusing on specific regions and industries.
OSE will operate a "NASDAQ Service Desk" in the JASDAQ division at its Tokyo Branch, to assist JASDAQ listed companies with this new distribution product offering.
"The partnership with OSE marks another step in GlobeNewswire's plan to bolster Corporate Solutions across Asia while providing JASDAQ listed companies the ability to reach a broader international audience," said Demetrios N. Skalkotos, Senior Vice President of Global Corporate Services, NASDAQ OMX.
"One of our main focuses at JASDAQ is internationalism. Our partnership with GNW will provide our clients with better worldwide communications than ever before, further enhancing our service offerings and creating a more attractive market for our listed companies," said Manabu Matsumoto, Deputy of President, OSE.
About OSE
OSE is Japan's largest derivatives exchange. In 2009, total trading volume of all derivative contracts hit the record high of 166.08 million units. Especially, Nikkei 225 mini, a small-sized stock index futures contract, has achieved significant growth, whose trading volume reached 104.73 million units, increasing by 9.7% from the previous year. In April 2010, OSE merged operations with Jasdaq Securities Exchange Inc. and plans to integrate "Hercules," its existing growth market, and JASDAQ to form the new "JASDAQ" market. Through this integration, the new "JASDAQ" market will become the largest growth market in Japan, in terms of the number of listed companies, market capitalization, number of IPOs and trading value, comprising 1005 unique companies located throughout the nation and belonging to various industries. OSE is the only listed exchange in Japan whose shares have been traded on its own market since April 2004. For more information about OSE, please visit:
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. 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. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook ( http://www.facebook.com/pages/NASDAQ-OMX/108167527653 ) and Twitter ( http://www.twitter.com/nasdaqomx ).
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CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Jolene Libretto 646.441.5220 Jolene.Libretto@nasdaqomx.com