NASDAQ OMX Appoints Charlotte Crosswell as President of Its Pan
European Market
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the
appointment of Charlotte Crosswell as President of its NASDAQ OMX Pan
European Market, a high-volume trading platform which will link
multiple trading pools across Europe. Ms. Crosswell will be based in
London and responsible for the operations and strategic development
of the Pan European Market. She will report to Chris Concannon,
Executive Vice President, Transaction Services, NASDAQ OMX.
NASDAQ OMX announced its Pan European Market in March and plans to
launch the market in September, pending FSA approval.
"Charlotte has an in-depth knowledge of the European and global
exchange business, and this in combination with her sales, marketing
and investment industry expertise make her an ideal leader to develop
and take our new platform forward," commented Mr. Concannon.
Ms. Crosswell will join NASDAQ OMX Pan European Market from Pension
Corporation, a London-based pension management firm, where she has
been a Partner and head of Business Development. At Pension
Corporation, she has been responsible for the firm's business
development strategy, as well as developing relationships with
customers, the actuarial community and the media.
Prior to joining Pension Corporation, Ms. Crosswell was head of
International Listings for The NASDAQ Stock Market, Inc. While with
NASDAQ, she was responsible for non-U.S. IPOs and managing NASDAQ's
relationships with its overseas listed companies through
representatives based in London, New York, Bangalore, and Beijing.
Charlotte has also held a number of management positions at The
London Stock Exchange, including Head of International Business
Development. She has a BA (Hons.) in French from the University of
Southampton.
The NASDAQ OMX Pan European Market will enable best execution in high
volume securities trading in a cross-border, multi-market
environment. The market, which will be the first platform to connect
European liquidity pools with Pan-European routing, is scheduled to
open in September 2008. At launch it will trade approximately 300 of
the most actively traded European blue chip shares. The NASDAQ OMX
trading platform is recognized as the fastest in the industry with
peak trading speeds of 250 microseconds. The launch of the NASDAQ OMX
Pan European Market is subject to FSA approval.
ABOUT NASDAQ OMX GROUP
The NASDAQ OMX Group, Inc. is the world's largest exchange company.
It delivers trading, exchange technology and public company services
across six continents, and with over 3,900 companies, it is number
one in worldwide listings among major markets. NASDAQ OMX offers
multiple capital raising solutions to companies around the globe,
including its U.S. listings market; the OMX Nordic Exchange,
including First North; and the 144A PORTAL Market. The company offers
trading across multiple asset classes including equities,
derivatives, debt, commodities, structured products and ETFs. NASDAQ
OMX technology supports the operations of over 60 exchanges, clearing
organizations and central securities depositories in more than 50
countries. OMX Nordic Exchange is not a legal entity but describes
the common offering from Nasdaq OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that
are made under the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements include, but are not
limited to, statements about NASDAQ OMX's products and offerings. We
caution that these statements are not guarantees of future
performance. Actual results may differ materially from those
expressed or implied in the forward-looking statements.
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 factors detailed in NASDAQ OMX's annual report
on Form 10-K, and periodic reports filed with the U.S. Securities and
Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements. There can be no
assurance that the FSA will give the NASDAQ OMX applicant the
authorization and permissions which it seeks.
NDAQF
CONTACT: The NASDAQ OMX Group, Inc.
Media Contacts:
Bethany Sherman
(212) 401-8714
bethany.sherman@nasdaqomx.com
Jonas Rodny
+46 (8) 405 7267
Jonas.rodny@nasdaqomx.com