NASDAQ OMX appoints new president for NASDAQ OMX Stockholm and head of Nordic fixed income and NASDAQ OMX Baltics

10.06.2013 RIG

Stockholm, June 5 2013 – The Nasdaq OMX Group, Inc. (NASDAQ: NDAQ) today announced that Magnus Billing has been appointed President of NASDAQ OMX Stockholm.

Magnus Billing has been with NASDAQ OMX for the last 12 years, and since 2008 as Senior Vice President and Chief Legal Counsel Europe.

 “I’m very pleased that Magnus has accepted this position. His solid regulatory expertise and his extensive knowledge and understanding of our business and the current changes within the exchange industry, is an excellent combination which will be beneficial for NASDAQ OMX”, said Hans-Ole Jochumsen, Executive Vice President Transaction Services Nordics and President of NASDAQ OMX Nordics.

”Magnus also has a thorough knowledge of our clearing operations, which is very valuable. The development of the clearing operation is crucial for the Nordic financial markets, and a key growth area for NASDAQ OMX Nordics.”

“I am very proud and happy to have been given this opportunity”, said Magnus Billing. “The Stock Exchange is a key player in the economy. The new regulations and the growing competition create both challenges and opportunities. I’m honoured to be heading NASDAQ OMX Stockholm and to make sure that it remains an attractive infrastructure for fund raising and investments. I am particularly happy about the initiatives in relation to our First North success.”

Magnus Billing will assume the position as of July 1, 2013. At the same time he will assume the position as Senior Vice President Nordic Fixed Income and NASDAQ OMX Baltics/Armenia.

As previously announced the current President of the Stockholm Stock Exchange and Senior Vice President Nordic Fixed Income and NASDAQ OMX Baltics, Jens Henriksson, will leave NASDAQ OMX.

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  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, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

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 23 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 3,300 listed companies worth more than $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily.  Welcome to the NASDAQ OMX Century.  To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

 

Media Relations Contact:
+        Martin Hedensiö
+        +46 8 4056254
+        martin.hedensio@nasdaqomx.com

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