NEW YORK, June 19, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Markit (Nasdaq:MRKT), a leading global diversified financial information services company, commenced on The NASDAQ Stock Market on June 19, 2014.
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Founded in 2003, Markit provides products that enhance transparency, reduce risk and improve operational efficiency in the financial markets. Customers include banks, hedge funds, asset managers, central banks, regulators, auditors, fund administrators and insurance companies.
"Markit is changing the landscape of financial services through its innovative suite of products and solutions," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "NASDAQ is pleased to welcome successful companies such as Markit to our family of listed companies, and we look forward to supporting Markit and its shareholders for the many years to come."
By listing with NASDAQ, Markit joins many of the world's largest and most revolutionary technology companies. NASDAQ has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
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 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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Source:The NASDAQ OMX Group, Inc.