Nasdaq OMX (NDAQ) Lower on Global Pricing Model
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Nasdaq OMX Group Inc. (Nasdaq: NDAQ) is down 11% today likely related to news this morning the company will offer global pricing.
This morning, Nasdaq OMX announced it will offer pricing based on global transaction volume, together with new listing services which will allow companies to more easily list on multiple NASDAQ OMX markets worldwide. It is the first global exchange to offer these services and benefits as part of its business model.
Additionally, NASDAQ OMX said it intends to file an application to become a Recognized Investment Exchange (RIE) and thereby launch a London listing venue. NASDAQ OMX Europe, its new Multilateral Trading Facility.
This morning, Nasdaq OMX announced it will offer pricing based on global transaction volume, together with new listing services which will allow companies to more easily list on multiple NASDAQ OMX markets worldwide. It is the first global exchange to offer these services and benefits as part of its business model.
Additionally, NASDAQ OMX said it intends to file an application to become a Recognized Investment Exchange (RIE) and thereby launch a London listing venue. NASDAQ OMX Europe, its new Multilateral Trading Facility.
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