Photo Release -- NASDAQ OMX Educational Foundation Awards Grant to European Finance Association

European Finance Association
European Finance Association Logo

BRUSSELS, Belgium, April 14, 2014 (GLOBE NEWSWIRE) -- The European Finance Association (EFA) announced today that they received their sixth grant from the NASDAQ OMX Educational Foundation to support the EFA 41st Annual Meeting. The EFA's goal is to provide a professional society for academics and practitioners with an interest in financial management, financial theory and its application. This grant will be used to sponsor a portion of the EFA's 41st Annual Meeting, which will be hosted by the University of Lugano (USI) and the Swiss Finance Institute in Lugano, Switzerland, from August 27 to 30, 2014.

The NASDAQ MarketSite tower in New York City's Times Square broadcasts the company's partnership with the European Finance Association.

A photo accompanying this release is available at

The NASDAQ OMX Educational Foundation has been a sponsor of the EFA Annual Meeting for six consecutive years. Their ongoing support enables the conference to continuously increase the quality of the research presented annually. This year, a total of 1,793 papers in the fields of corporate finance, investments, financial markets, money management and banking were submitted. This number represents a new record total and allows the Program Committee to be even more selective, further enhancing the high standard of finance research presented at the conference.

"We are so thankful for the continuous generosity and partnership with the NASDAQ OMX Educational Foundation," said Professor Pradeep K. Yadav, Chairman of the European Finance Association. "This sponsorship allows us to continue our ongoing support for young researchers and bring together industry experts for diverse perspective of the financial services industry."

The NASDAQ OMX Educational Foundation will also sponsor a special track session on the "Consequences of Passive Investing for Capital Formation" as well as the EFA Doctoral Tutorial. This opportunity is a one-day, pre-conference event designed for PhD students to discuss their research and obtain valuable feedback from selected faculty in an open and collaborative atmosphere. The best research presented will be recognized at the conference awards ceremony for the Best Doctoral Tutorial Paper Prize. The awards ceremony is also sponsored by the NASDAQ OMX Educational Foundation.

"We are proud to support the EFA 41st Annual Meeting and to present PhD students with the opportunity to examine their research and exchange views with field experts," said Joan Conley, Senior Vice President and Corporate Secretary at The NASDAQ OMX Group and Managing Director of the NASDAQ OMX Educational Foundation. "We believe it is important to bring renowned economists, academics and industry experts together to share high quality finance research and network at a professional forum."

About the EFA

The European Finance Association was founded in 1974 and is the leading academic finance association in Europe. Its Annual Meeting attracts over 650 leading finance researchers from around the world. This year, out of the 1,800 research papers submitted for presentation, only about 200 will be selected by a committee of academics from top universities around the world. The 41st EFA Annual Meeting will take place from August 27 to 30, 2014, in Lugano, Switzerland, and will be hosted by the University of Lugano (USI) and the Swiss Finance Institute.

About The NASDAQ OMX Educational Foundation

The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.

About 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

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CONTACT: European Finance Association Media Contact: Nina Volles +41 (0)58 666 44 97 NASDAQ OMX Media Contact: Alexa Sugrue +1 (212) 231-5552

Source:European Finance Association