About NASDAQ OMX Group: The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade – from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today.
12, executives of the nations major stock and options exchanges traveled to Washington to meet with Securities and Exchange Commission Chairman Mary Jo White. The summons was prompted by a rash of technical glitches on the exchanges, the most glaring of which hit on Aug.22, when a software failure forced the Nasdaq ( NDAQ ) to halt trading for three hours. White told the executives to come back in two months with a comprehensive action plan for making the markets more resilient. Our homework assignments are clear, NYSE Euronext ( NYX ) Chief Executive Officer Duncan Niederauer said to reporters afterward. They require collaboration, and weve got 60 days. Four days later, a glitch at an NYSE subsidiary helped bring the entire U.S.
Farmer Bros. Co. Receives NASDAQ Notification Letter
While the Nasdaq is known for its tech darlings, two sectors not known for huge gains were the true winners, Winans says. Two of the best stocks in the Nasdaq were drug development companies, Pharmacyclics and Jazz Pharmaceuticals, which gained more than 15,000% each. And Nasdaq’s stable of retailers were also big winners, including Avis Budget, up 7,300%, yoga wear maker Lululemon Athletica, up 3,200%, and discounter Tuesday Morning, up 2,800%. Even big retailers, such as Costco, have stunning gains of 200%.
Restaurant chain Noodles & Co.’s stock also more than doubled in its June debut. Potbelly Corp. priced its initial public offering of 7.5 million shares at $14 per share, above the projected range of $12 to $13 each. Potbelly is selling about 7.3 million shares, while certain stockholders are selling 150,131 shares. The Chicago company raised $105 million in the offering, which is targeted to close Wednesday.
Nasdaq routs orders away from CBOE after brief glitch
Google, Intel, Cisco, LG and SAP declined to comment. Samsung was not available for comment. JPMorgan Chase & Co (NYSE:JPM)and RBC Capital Markets are advising BlackBerry. The board is being advised by Perella Weinberg Partners, the sources said.
Nasdaq rockets 200% from 2009 bear market low
Certain risks and uncertainties related to the Company’s business are or will be described in greater detail in the Company’s filings with the SEC. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those set forth in forward-looking statements. The Company intends these forward-looking statements to speak only at the time of this press release and does not undertake to update or revise these statements as more information becomes available except as required under federal securities laws and the rules and hot investment tips regulations of the SEC. About Farmer Bros. Co.
Nasdaq Helps Set Up Iraq Erbil Bourse After Qatar Sale
Credit: Reuters/Brendan McDermid By Chuck Mikolajczak NEW YORK | Wed Oct 2, 2013 12:29pm EDT NEW YORK (Reuters) – Nasdaq OMX Group Inc (NDAQ.O) said on Wednesday that several of its operated exchanges briefly declared “self-help” against the Chicago Board Options Exchange. Self-help, which occurs when an exchange is dealing with internal problems processing trades and need to send orders through alternate venues, was declared by Nasdaq OMX PHLX, Nasdaq OMX BX Options and Nasdaq Options market systems at about 9:42 a.m. Each of the Nasdaq operated exchanges later revoked the self-help declaration by 9:55 a.m. A notification on the CBOE’s website said there was a market data issue that lasted about 12 minutes which resulted in quotes and last sales not being disseminated to the Options Price Reporting Authority.
Mutiple BlackBerry (NASDAQ:BBRY) Bids In The Works
Asiacells stock offering was fully subscribed and doubled the Baghdad stock markets value from $4.66 billion last year, Taha Ahmed Abdul-Salam al-Rubaye, the Iraq exchanges chief executive officer, said at the time. Nasdaq OMX is also helping to upgrade the Iraq exchanges trading system, he said on June 28. Upgrading Qatar The developments come days after Qatar Holding LLC, a unit of the Middle Eastern emirates sovereign wealth fund, bought NYSE Euronext (NYX) s 12 percent stake in the Qatar Exchange to become its sole owner. NYSE Euronext assisted with changes at the Qatar Exchange that almost doubled the bourses market capitalization and contributed to MSCI Inc.