NEW YORK, Jan. 26, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the launch of options trading on the NASDAQ OMX Government Relief Index(sm) (Nasdaq:QGRI), the only existing benchmark that enables investors to track the performance of U.S.-listed securities that are participating in U.S. government sponsored relief programs such as the Troubled Asset Relief Program (TARP) or other direct government investments. Options trading on the NASDAQ OMX Government Relief Index will begin today on NASDAQ OMX PHLX, Inc. Susquehanna Securities is the specialist for this new product. "This development gives investors the opportunity to trade options on a basket of U.S. companies that are participating in the government's financial relief plan," said John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group. "This is the first of several products that enables investors to develop trading strategies involving some of the companies most directly affected by the current relief efforts." "We are excited to have Susquehanna Securities as the specialist for this product," stated Thomas Wittman, President of NASDAQ OMX PHLX, Inc. "We hope that Susquehanna's participation will serve to enhance liquidity and efficiency in the trading of the new options." The NASDAQ OMX Government Relief Index is the latest index launched by NASDAQ OMX Index Group and underscores its commitment to designing and calculating relevant world-class indexes. The NASDAQ OMX Government Relief Index includes public companies that have received a direct investment from the U.S. government of at least $1 billion. The Index is the first of the Government Relief Index Series that NASDAQ OMX is planning to launch in the coming weeks. The Index is calculated in real-time across the combined exchanges and is disseminated in dollars. The index began calculation with a value of 1000.00 on January 5, 2009. For more information about The NASDAQ OMX Government Relief Index, including the list of component companies, visit https://indexes.nasdaqomx.com/history.aspx?IndexSymbol=QGRI&;menuIndex=0. NASDAQ OMX is a global leader in creating and licensing strategy indexes and is home to the most widely watched indexes in the world. As a premier, full-service provider, NASDAQ OMX is dedicated to designing powerful indexes that are in sync with a continually changing market environment. Utilizing the expanded coverage of our global company, NASDAQ OMX has nearly 2,000 diverse equity, commodity and fixed-income indexes in the U.S., Europe, and throughout the world. In addition, our calculation, licensing and marketing support provide the tools to measure and replicate global markets. The NASDAQ OMX Index Group range of services covers the entire business process from index design to calculation and dissemination. For more information about NASDAQ OMX indexes, visit https://indexes.nasdaqomx.com/. About NASDAQ OMX PHLX NASDAQ OMX PHLX (PHLX) trades more than 2,650 equity options, sector index options and U.S. dollar-settled options on major currencies. PHLX operates on a combination of cutting-edge electronic and floor-based options trading technology. Our model affords customer's priority over other participants and allows for directed orders. With the completion of the rollout of the PHLX Complex Order System, electronic complex orders can be entered for two legged option to option transactions. PHLX offers electronic entry and execution of complex trading in all of our products including PHLX sector index options and PHLX World Currency Options. About the 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, with over 3,800 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Cautionary Note Regarding Forward-Looking Statements The matters described herein may 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 the NASDAQ OMX Government Relief Index and NASDAQ OMX's other 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. NDAQG CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com
NASDAQ OMX Begins Options Trading On Its Government Relief Index
| Source: The NASDAQ OMX Group, Inc.