NASDAQ LAUNCHES ENHANCED VERSION OF MARKET REPLAY

Posted June 16, 2008

NEW YORK – The Nasdaq OMX Group Inc. has launched Nasdaq Market Replay 2.0, which provides Nasdaq-validated replay and analysis of securities listed on all major US equity markets. Starting July 1, Market Replay users will be able to quickly view the price and size of all trades of these securities, as well as best bid and offer quotes that were already provided.

The new version of Market Replay now allows same-day access to US-listed equity securities data, where previously it only offered historical data up to the previous trading day.

“These enhancements to Nasdaq Market Replay give all investors and traders unprecedented access to the details of US equity trading in an extremely efficient and highly affordable fashion,” says Adena Friedman, Executive Vice President at Nasdaq OMX Group. “Users can instantly discover in much greater detail -- down to the millisecond level -- how a trade was executed. Greater transparency made possible by Market Replay engenders greater confidence in the markets.”

Market Replay enables users to review a situation for analysis or training, analyze whether a trade complied with best-execution requirements, review interesting situations and missed opportunities, and share a replay with clients to confirm best execution quality.