NASDAQ OMX OFFERS VOLUME-BASED PRICING; PLANS WORLDWIDE LISTING
SERVICES
Posted September 22, 2008
Nasdaq OMX also plans to apply to become a Recognized Investment
Exchange (RIE), which would allow it to launch a
“We have listened to our customers carefully and believe this is the
model for how global exchanges should deliver products and services,”
says Robert Greifeld, Chief Executive Officer, Nasdaq OMX. “Global
customers want to deal with global enterprises. While this has been the
norm in most industries, the exchange space has been the exception to
the rule. Nasdaq OMX is the first exchange to execute on the promise of
consolidation, which is to function as an integrated, global
enterprise.”
The new Nasdaq OMX listing services promise to allow companies to access
multiple listing markets worldwide more efficiently. “The goal is to
provide customers with the economic benefits of our scale, options that
will allow them to expand their investor base more efficiently, and a
relationship that seamlessly crosses borders,” says Greifeld.
Nasdaq’s new volume-based pricing includes tiered transaction pricing
intended to lower users’ total cost of trading in Nasdaq OMX liquidity
pools; listing across US and Nordic markets, as well as the Dubai
International Financial Exchange; and its plans to launch a listing
venue in
“Our focus is on providing listed companies with better and more
efficient ways to attract multiple types of investors,” says Magnus
Bocker, President of Nasdaq OMX. “Our new planned listing venue in