Nasdaq OMX and Arab Common Exchange Holding (ACX) have signed a MoU to enter into a long-term strategic partnership to establish a pan-Arab network of exchanges owned and run by the private sector.
The MoU will create an initial t
Nasdaq OMX Group will compensate firms on December 31 for qualifying claims related to Facebook Inc's botched May 2012 initial public offering, the exchange operator said in a note to traders.
Nasdaq said previously it would p
The Saudi Stock Exchange (Tadawul) has entered into an agreement with Nasdaq OMX Group, the world's largest exchange company, for a key upgradation of its current trading platform.
As part of its long-term strategic plan, Tada
Nasdaq OMX Group and Borsa Istanbul have signed a partnership deal under which the US-based financial services company will provide exchange technology to the Turkish bourse, which is aiming to make Istanbul a regional financial hub.
Borse Dubai, the largest shareholder in Nasdaq OMX, backed the exchange's unsolicited $11.3 billion bid for NYSE Euronext, its chairman said.
Essa Kazim, when asked whether the Dubai-based holding company that has an approximately 29 p
US-based exchange operator Nasdaq OMX Group said it would repurchase 22.8 million of its shares, or about 11.5 per cent of the total outstanding, from Borse Dubai for $497 million.
The buyback will be funded by a coinciding $370 million bo
Nasdaq OMX Group said its first-quarter profit fell 35 per cent because of special charges tied to debt issuance and other one-time costs.
The global exchange operator also saw a drop in its revenue as competition remains high for executin
Tadawul, the Saudi stock exchange, will be the first bourse to implement a new Sagia/Nasdaq OMX methodology, which aims to come up with a 100 Most Competitive CEOs list, based on publicly disclosed data.
The Nasdaq OMX Group and the Saudi
Dubai Financial Market (DFM) bid $121 million for Nasdaq Dubai, hitting New York-based Nasdaq OMX's pockets, as well as the idea that international investor flows matter much in the Emirates.
Nasdaq OMX will swap its 33.3 per cent stak
Kuwait Stock Exchange (KSE) has chosen Nasdaq OMX Group Inc to develop its trading system, a senior bourse official said on Monday, as part of a plan to introduce greater transparency.
"The bourse committee chose Nasdaq OMX not only for a