• More than $80 billion in market capitalization switched to NASDAQ in 2011 - more than double its competitor.
  • Blue Chip companies Texas Instruments and Viacom lead a range of companies to transfer listings to NASDAQ, including Icahn Enterprises, Sallie Mae and Wendy's.
  • The majority of tech listings in 2011 chose to list on NASDAQ. NASDAQ continues to dominate the tech sector with 82% of tech listings choosing NASDAQ in the second half of the year.

NEW YORK, Jan. 6, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) captured more than $80 billion in market capitalization from companies that transferred their listings to The NASDAQ Stock Market in 2011, compared to $30 billion for its U.S.-based competitors.

NASDAQ's switches, which include blue chips companies such as Texas Instruments and Viacom, point to a pattern of success for NASDAQ over the past few years. Since 2005, NASDAQ has won 64 switches with a market capitalization of $416 billion, compared to just $129 billion lost to other U.S. exchanges. The pattern of larger, successful companies switching to NASDAQ far outweighs the smaller cap companies moving elsewhere.

NASDAQ won the only spinoff to switch exchanges - AMC Networks.  Every other spinoff this year remained on the exchange of its former parent company. 

NASDAQ continues to dominate the technology sector with 82% of technology companies choosing to list on NASDAQ in the second half of the year.  In 2011, the majority of technology listings chose to list on NASDAQ, including high profile companies like Groupon, Zynga, Zillow and TripAdvisor. And in May, NASDAQ landed Russia-based Yandex, the largest tech IPO since Google. Overall, NASDAQ is home to more than 77% of all technology listings in the U.S.

NASDAQ has a strong IPO pipeline for 2012. Currently, there are 112 U.S. companies filed with the SEC to list on NASDAQ, compared to 89 for other U.S.-based exchanges. And of the 112 companies intending to list on NASDAQ this year, 31 are technology firms, dwarfing the 11 technology companies planning to list elsewhere in the U.S. 

About NASDAQ OMX:

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 more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX 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 exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX. *Please follow NASDAQ OMX on ( ). 

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on information available at the time they are made and/or management's belief as of that time with respect to future events and involve risks, uncertainties and other factors that may be beyond NASDAQ OMX's control and that may cause actual results and outcomes to be materially different. While NASDAQ OMX may elect to update forward-looking statements in the future, it specifically disclaims any obligation to do so, and therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

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.

NDAQG


CONTACT: Joe Christinat

         (646) 441-5121

         joseph.christinat@nasdaqomx.com
Source: The NASDAQ OMX Group, Inc.

News Provided by Acquire Media

distribué par

Ce noodl a été diffusé par NASDAQ OMX Group Inc. et initialement mise en ligne sur le site http://www.nasdaqomx.com. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-06 18:32:03 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.