NASDAQ OMX To Introduce Derivatives Trading On U.S. Treasuries
NASDAQ OMX will continue to partner with BNY Mellon on developing products to serve fixed income portfolio market participants and managers.
"We have a uniquely broad and deep range of support services for investors in the Treasury Securities space," said Scott Posner, Executive Vice President and business executive for BNY Mellon's Strategic Growth Initiatives group. "Collaborating with NASDAQ OMX was the perfect way for us to leverage our experience and expertise, applying to this important asset class our focus on developing innovative solutions that contribute to our clients' success. By leveraging the strengths of our two organizations, we can bring the benefits of exchange trading – increased precision in hedging, central clearing, improved transparency and many others, to markets that have previously traded over the counter."
For more information on NASDAQ OMX fixed income products please visit our website:
www.nasdaqomxtrader.com/treasuries
About BNY Mellon BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of December 31, 2012, BNY Mellon had $26.7 trillion in assets under custody and administration, and $1.4 trillion in assets under management. Whether clients are looking to create trade, hold, manage, service, distribute or restructure investments, BNY Mellon can act as a single point of contact for their investment needs. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). Additional information is available on www.bnymellon.com , or follow us on Twitter @BNYMellon. About NASDAQ OMX The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com . Follow us on Facebook ( www.facebook.com/NASDAQ ) and Twitter ( www.twitter.com/nasdaqomx ). (Symbol: NDAQ and member of S&P 500) 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 options contracts on U.S. Treasury Securities to be offered on NASDAQ OMX PHLX 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. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing. NDAQGCONTACT: NASDAQ OMX Media Contact:
Robert Madden
+1.646.441.5045
Robert.Madden@NASDAQOMX.com
BNY Mellon Media Contact:
Ron Sommer
+1 412 236 0082
ron.sommer@bnymellon.com
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