Nasdaq OMX's BWise, a provider of enterprise Governance, Risk Management and Compliance (eGRC) software, has partnered with UAE-based Zener IT Solutions & Systems to offer local access to the BWise(R) GRC Platform.
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