NEW YORK, March 27, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Square 1 Financial, Inc. (Nasdaq:SQBK), the premier banking partner to entrepreneurs and the venture capital community, commenced on The NASDAQ Global Select Market® on March 27, 2014.
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Square 1 Financial is the holding company for Square 1 Bank, a full service commercial bank dedicated exclusively to serving the financial needs of the venture capital community and entrepreneurs in all stages of growth and expansion. Square 1's expertise and focus provide flexible resources, tailored solutions and high-touch support to meet clients' needs. The Bank provides loans, deposits, treasury management services and investment advisory services. The Square 1 team consists of 240 employees in 11 offices located in key innovation markets across the country.
"NASDAQ is thrilled to welcome Square 1 Financial, Inc. to The NASDAQ Stock Market," said Nelson Griggs, Senior Vice President, NASDAQ OMX. "We congratulate Square 1 Financial, Inc. on their initial public offering and look forward to an enduring partnership with the company and its shareholders."
Square 1 Financial, Inc. joins some of the world's most progressive and innovative companies by listing on The NASDAQ Stock Market®, which is home to more than 533 financial companies – more than any other U.S. exchange.
Cautionary Note Regarding Forward-Looking Statements
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About The NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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CONTACT: MEDIA RELATIONS CONTACT: Christine Barna (646) 441-5310 Christine.Barna@nasdaqomx.com
Source:The NASDAQ OMX Group, Inc.