HONG KONG and NEW YORK, April 25, 2012 (GLOBE NEWSWIRE) -- 8 Securities has reached an agreement with The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) to provide its customers with NASDAQ Basic, delivering real-time quote and trade data for all U.S.-listed securities. 8 Securities, based in Hong Kong, is the world's first integrated social network trading platform and the first brokerage firm to offer NASDAQ Basic to investors in Asia.
"NASDAQ Basic gives 8 Securities' clients access to a fast and more affordable alternative to Level 1 products," said Brian Hyndman, Senior Vice President, NASDAQ OMX Global Data Products. "This agreement underscores 8 Securities' commitment to serving its clients with high quality data at a significantly lower cost."
Mathias Helleu, the Executive Chairman of 8 Securities said, "8 Securities is Asia's first trading portal to provide a simple, personalized, transparent and socially connected trading experience. We provide an integrated platform for trading of Hong Kong and U.S. securities seamlessly through a single online account. 8 Securities is very pleased to be the first brokerage firm to broadly offer NASDAQ Basic to retail investors in Asia. It gives our customers faster access to real-time data for all U.S. exchange-listed stocks in a more affordable and flexible way."
8 Securities is set to revolutionize online trading with its easy-to-use, customizable platform with a wide array of software applications. In particular, the trading platform will include an integrated social network function so that users can exchange ideas with a community of smart investors, while choosing to retrieve real time data, news and research on different markets through a single view.
NASDAQ Basic data includes securities listed on NASDAQ, NYSE, and NYSE Amex based on liquidity from the NASDAQ Market Center and the FINRA/NASDAQ Trade Reporting Facility. 8 Securities' users of NASDAQ Basic also receive data from two other NASDAQ trading venues: NASDAQ OMX BX®(BX®) and NASDAQ OMX PSXSM(PSXSM), thanks to 8 Securities' provision of NASDAQ Last Sale Plus. NASDAQ Basic can be deployed in a variety of investor tools, such as last sale displays, charts and portfolio trackers. For more information about NASDAQ Basic, visit http://www.nasdaqtrader.com/Trader.aspx?id=NASDAQBasic.
About NASDAQ OMX Group
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to traffic more than 1 million messages per second at sub-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges 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 3,400 listed companies worth $5.1 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 (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
About 8 Securities
8 Securities is the world's first Trading Portal providing a simple, personalized, transparent and socially connected trading experience. The portal, developed and owned by 8 Securities, allows investors to access real time data on different markets, news, research and access to a social network from one single and personalized view. 8 Securities is launched in Hong Kong in March 2012 for trading in Hong Kong and US markets. To learn more, visit http://www.8securities.com/. Follow us on Facebook (https://www.facebook.com/8securities) and Twitter (www.twitter.com/8securities).
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 NASDAQ Basic, NASDAQ Last Sale Plus and other NASDAQ OMX 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.
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