Rochester, NY 7/7/2009 1:51:20 AM
Afternoon Report - NDAQ - Nasdaq Hires New Leader of Transaction Services - Sourced WhisperFromWallStreet.com
The NASDAQ OMX Group, Inc.
Afternoon Report - NDAQ - Nasdaq Hires New Leader of Transaction Services - Sourced WhisperFromWallStreet.com
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Nasdaq OMX Group Inc.,NDAQ
Nasdaq OMX Group Inc. (NDAQ) hired Eric W. Noll, a former executive with Susquehanna International Group LLP, to head its transaction services business, the exchange operator said Monday. The appointment fills the spot vacated by Chris Concannon, who left Nasdaq OMX in April to join a proprietary trading firm. Noll previously was a managing director and global head of strategic relationships at Susquehanna, a job that included handling the company's relationships with financial exchanges. Noll has also worked for the Philadelphia Stock Exchange and the Chicago Board Options Exchange. The transaction services position at Nasdaq OMX covers the exchange's U.S. equity and options markets, as well as its derivatives ventures. The latter includes the International Derivatives Clearing Group, a new facility set up to clear interest rate swap trades. Noll will join Nasdaq OMX on July 13 and will report to Chief Executive Bob Greifeld.
About
The NASDAQ OMX Group, Inc. provides trading, exchange technology, securities listing, and public company services worldwide. It offers trading across various asset classes, including equities, derivatives, debt, commodities, structured products, and exchange traded funds; capital formation solutions; financial services and exchanges technology; market data products; and financial indexes. The company provides various capital raising solutions for private and public companies. It also offers broker services comprising technology and customized securities administration solutions, such as back-office systems to financial participants. As of December 31, 2008, a total of 3,023 companies listed securities on The NASDAQ Stock Market representing various industries, including telecommunication services and information technology, financial services, healthcare, consumer products, industrials, and energy.
Last Trade: 19.75
Day's Range: 19.65 - 20.24
52wk Range: 14.96 - 38.81
Volume: 2,901,735
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