logo
  Join        Login             Stock Quote

NASDAQ OMX (NDAQ) To Combine Market Technology And Corporate Solutions Businesses

 January 17, 2013 10:42 AM
 


(By Balaseshan) NASDAQ OMX Group Inc. (NASDAQ: NDAQ) said it will combine its Market Technology and Corporate Solutions businesses for improving client offering and advance technology leadership position.

The new business unit -- called Global Technology Solutions -- includes Market Technology and Corporate Solutions, and will be led by Anna Ewing, executive vice president, Global Technology Solutions, NASDAQ OMX.

The company expects the combination to drive growth across its technology businesses and advance its market position by leveraging global distribution and scaling its products and services.

NASDAQ OMX plans to treat the combined Market Technology and Corporate Solutions businesses as a separate reporting segment effective January 1, 2013.

[Related -Charles Schwab Corp (NYSE:SCHW): Why Schwab Is An Attractive Investment Opportunity?]

In addition, the company said it has appointed Bradley Peterson as global chief information officer (CIO), effective February 6.

Most recently, Peterson was CIO for Charles Schwab Corp. (NYSE: SCHW) where he and his team developed and launched Schwab's mobile brokerage and banking applications.

NDAQ is trading up 0.97% at $27.11 on Thursday. The stock has been trading between $21.03 and $27.34 for the past 52 weeks.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageWill The Real U.S. Market Please Reveal Itself?

Is it the small stock Russell 2000, in a pattern of rally attempts failing at lower highs since its March read on...

article imageTime To Chase Bill Gross?

Jason Zweig at the Wall Street Journal had a very good piece on whether to follow Bill Gross as he goes read on...

article imageA Bullish Sign For Uranium Could Send This Stock Soaring

On March 11, 2011, a massive 9.0-magnitude earthquake erupted about 45 miles east of the Japanese coast. read on...

article imageBanks' LCR-based Demand For Treasuries Moderates

One of the factors contributing to treasury market's strong performance this year has been the Liquidity read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.