Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement
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Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement
Admin Sat Jul 20, 2019 11:17 am
July 19, 2019 02:00 ET | Source: Nasdaq, Inc
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STOCKHOLM, Sweden and BAGHDAD, Iraq, July 19, 2019 (GLOBE NEWSWIRE) -- Nasdaq Inc. (Nasdaq: NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.
“We are pleased to build on our successful partnership with Nasdaq,” said Taha A. Abdulsalam, CEO, Iraq Stock Exchange. “Using Nasdaq’s market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses.”
”By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards,” said Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa. “We look forward to supporting ISX as they continue evolving and innovating their marketplace.”
Nasdaq’s market technology powers more than 250 of the world’s market infrastructure organizations and market participants, including broker-dealers, exchanges, clearinghouses, central securities depositories and regulators, in over 50 countries with end-to-end, mission-critical technology solutions.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services.
Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $15 trillion. To learn more, visit: http://business.nasdaq.com.
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STOCKHOLM, Sweden and BAGHDAD, Iraq, July 19, 2019 (GLOBE NEWSWIRE) -- Nasdaq Inc. (Nasdaq: NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.
“We are pleased to build on our successful partnership with Nasdaq,” said Taha A. Abdulsalam, CEO, Iraq Stock Exchange. “Using Nasdaq’s market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses.”
”By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards,” said Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa. “We look forward to supporting ISX as they continue evolving and innovating their marketplace.”
Nasdaq’s market technology powers more than 250 of the world’s market infrastructure organizations and market participants, including broker-dealers, exchanges, clearinghouses, central securities depositories and regulators, in over 50 countries with end-to-end, mission-critical technology solutions.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services.
Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $15 trillion. To learn more, visit: http://business.nasdaq.com.
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