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Nasdaq to Power Digital Currency Marketplace for Noble Markets

New institutional cryptocurrency marketplace will operate X-stream trading technology

NEW YORK, March 24, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) and Noble Markets, announced today that Noble Markets will implement Nasdaq's X-stream trading technology for the company's soon to be launched digital currency marketplace. X-stream is the most widely used exchange trading technology in the world, powering more than 30 marketplaces globally.

"Noble was founded on the principal of bringing credible market structure and institutional trading expertise to the cryptocurrency marketplace. All customers demand a fair and orderly market, the best possible pricing and confidence trades will be completed efficiently," said John Betts, CEO and Founder of Noble Markets. "We are excited that Nasdaq shares our vision and commitment to support the development of this ground-breaking market. Our Marketplace, powered by X-stream, allows us to leverage a proven and trusted venue that supports global trading worth billions of dollars reliably, every day. We look forward to more exciting announcements over the coming months."

Noble's marketplace platform will provide their institutional market participants, liquidity providers and other cryptocurrency and bitcoin exchanges the benefits of Nasdaq's low latency, highly transparent marketplace for cryptocurrency trading activity.

"As one of the world's leading providers of technology to the capital markets, Nasdaq is dedicated to discovering and supporting new and emerging technologies and marketplaces," said Lars Ottersgård, Executive Vice President, Market Technology, Nasdaq. "We are thrilled to work with the experienced industry veterans at Noble Markets and look forward to supporting their cutting-edge, new endeavor for the long-term in addressing the needs of the digital currency space."

Nasdaq's exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 100 marketplaces across North and Latin America, Europe, Asia, Australia, Africa and the Middle East.

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 Nasdaq 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 Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq 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 is home to more than 3,500 listed companies with a market value of over $9.1 trillion and more than 10,000 corporate clients. To learn more, visit http://nasdaq.com/ambition or http://business.nasdaq.com.

About Noble Markets

Noble Markets is a New York-based digital currency marketplace and technology platform serving financial and commercial institutions, professional traders and other exchanges trading digital currencies and other assets. Noble was founded by John Betts and a team capital markets and trading professionals, and is backed by institutional investors including Tally Capital and Blockchain Capital. To learn more, please visit www.noblex.io or https://www.linkedin.com/company/noble-markets on LinkedIn, and follow us on Twitter @NobleMarkets.

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CONTACT: MEDIA CONTACTS Nasdaq: Ryan Wells (646) 581-4286 (M) Ryan.Wells@nasdaq.com Noble Markets: Martin Stein Transform Public Relations (702) 285-2873 martin@transform.pr

Source:The NASDAQ OMX Group, Inc.; Noble Markets