NEW YORK, April 17, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX (Nasdaq:NDAQ), the world's leading provider of market technology, was recently selected for 'Best Sell-Side Market Surveillance Product' by Waters Technology's Sell-Side Technology Awards. NASDAQ OMX received the award for its SMARTS Broker market surveillance technology, which is currently used by over 90 market participants across 65 global markets and across all asset classes.
"We are thrilled to receive such a prestigious award by Waters Technology," said Rob Lang, Vice President and Global Head of SMARTS, NASDAQ OMX. "The SMARTS team is dedicated to being at our industry's forefront in delivering transformational market surveillance technology to our customers globally. As we take surveillance technology beyond the alert, we are working hand-in-glove with our partners and customers to meet the new and evolving demands by compliance officers across the capital markets ecosystem."
SMARTS enables compliance teams to source, capture, and maintain all trading data elements required to conduct in-depth analysis for cross-market, cross-asset market abuse and market manipulation. Through direct customized exchange feeds and drop copy connections, SMARTS infrastructure sources complete member order and execution data -- including private trading data -- directly from equities, derivatives and commodities exchanges. SMARTS has installed a total of 613 live sites.
NASDAQ OMX's technology solutions are used by over 10,000 customers in 60 countries consisting of public and private entities, exchanges, regulators and broker-dealers, and powers over 80 marketplaces worldwide.
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 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, 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 SMARTS business and other businesses, 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.
CONTACT: NASDAQ OMX Media Relations Contacts: Ryan Wells +1 (212) 231-5541 (office) +1 (646) 581-4286 (mobile) Ryan.Wells@NASDAQOMX.com
Source:The NASDAQ OMX Group, Inc.