NASDAQ Market Replay Wins Global Adobe Award
NEW YORK, Nov 26, 2008 (GlobeNewswire via COMTEX News Network) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that NASDAQ Market Replay -- an extremely powerful replay and analysis tool -- has won the coveted 2008 MAX Award in the Enterprise category.
NASDAQ Market Replay was declared the winner in San Francisco on November 18, 2008 at the annual Adobe(r) MAX awards, a global program that recognizes innovative applications of Adobe software for creating engaging experiences.
"This award is extremely significant for NASDAQ considering Market Replay was contending with a pool of highly-regarded and worthy competitors," said Chip Greenlee, director of financial services at Adobe Systems Inc. "In the Enterprise category, Market Replay was an excellent example of how Adobe solutions can automate business processes and provide users with more efficient, engaging experiences."
"This validates NASDAQ's ability to create world-class data products that deliver unsurpassed transparency into the equity markets and meet the needs of our customers," said Claude Courbois, Associate Vice President, NASDAQ OMX Global Data Products. "Since its debut earlier this year, Market Replay has already proven it significantly cuts customer costs and increases their understanding of market events."
Market Replay is a powerful trading and compliance tool that provides intra-day and historical NASDAQ-validated replays and analysis of the market for securities listed on all major U.S. equity markets.
Market Replay provides every reported trade along with the corresponding consolidated best bid and offer quote activity, to provide investors a complete view of the market activity in a particular stock, down to the millisecond, during the requested replay period.
NASDAQ Market Replay provides replay and analysis of quote and trade activity in simulated real-time, with a customizable zoom feature to view events at the millisecond level to see exactly what happened. Following the completion of a trade, Market Replay allows users to analyze whether their trade received best execution and permits compliance officers to confirm if a trade met compliance standards.
Market Replay can be used for a variety of functions by all market participants including institutional and retail investors, professional and non-professional traders, and compliance officers. Market Replay enables users to:
* Review a situation for analysis or training; * Analyze whether a trade complied with best-execution requirements; * Review interesting situations and missed opportunities; * Share a replay with clients to confirm best execution;
Market Replay is immediately accessible directly from NASDAQ OMX. To order, please contact DataSales@nasdaqomx.com or 301.978.5307.
NASDAQ Market Replay was selected by the Adobe Judging Council, a team of Adobe executives and renowned industry representatives. Selection criteria included innovation, achievement, application of technology, brand building, and overall design. For more information about the award, visit www.adobe.com/events/max/max_awards.
Market Replay was developed with Adobe(r) Flex(r) 3 and deployed on Adobe(r) AIR(tm). Adobe Flex is a cross-platform framework for creating rich Internet applications (RIAs) and Adobe AIR lets developers use their existing Web development skills in HTML, Ajax, Flash and Flex to deploy RIAs to the desktop. For more information about Adobe AIR, visit www.adobe.com/go/air.
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 over 3,900 listed companies. NASDAQ OMX Group 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 U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 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 Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://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 Market Replay and other NASDAQ OMX's strategic initiatives. 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.
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SOURCE: The NASDAQ OMX Group, Inc.
NASDAQ OMX Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com
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