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Futures Industry Association and Options Industry Council to Ring the NASDAQ Stock Market Closing Bell

ADVISORY, Oct. 1, 2010 (GLOBE NEWSWIRE) --
/ Source: GlobeNewswire

ADVISORY, Oct. 1, 2010 (GLOBE NEWSWIRE) --

What:

Futures Industry Association (FIA) and Options Industry Council (OIC) will visit the NASDAQ MarketSite in New York City's Times Square as part of the 5th Annual FIA and OIC New York Equity Options Conference at the New York Marriott Marquis.

In honor of the occasion, representatives from FIA and OIC will ring the NASDAQ Closing Bell.

The NASDAQ OMX Group operates two options trading platforms with NASDAQ OMX PHLX (PHLX) and the NASDAQ Options Market (NOM). PHLX operates an electronic and hybrid floor-based trading system to trade with a traditional allocation model for orders. NOM is fully electronic, offering participants a price-time priority trading system running on NASDAQ's world class INET technology.

Who:

  • John Damgard, FIA President
  • Gina McFadden, OIC President
  • Christopher Larkin, Senior Vice President, E*Trade and Chair, Equity Options Steering Committee

Where:

NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio

When:

Monday, October 4th, 2010 at 3:50 p.m.- 4:00 p.m. ET   

Contacts:

FIA:
Will Acworth
(202) 466-5460
wacworth@futuresindustry.org

Angelique Wilkins, CMP
(202) 772-3012
awilkins@futuresindustry.org

OIC:
Jim Binder
(312) 322-9853
jbinder@theocc.com

Angela Kotso
(312) 322-6267
akotso@theocc.com

NASDAQ MarketSite:
Robert Madden
(646) 441-5045
Robert.Madden@NASDAQOMX.com

Feed Information:

The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.

Radio Feed:

An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.

Facebook and Twitter

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Webcast:

A live webcast of the NASDAQ Closing Bell will be available at:

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About Options Industry Council:

OIC is an industry cooperative funded by BATS Options, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options and The Options Clearing Corporation. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational websites at , and , evening seminars throughout the continental United States and Canada, instructional DVDs and educational literature and software.

About Futures Industry Association:

The FIA is a principal spokesman for the commodity futures and options industry. The FIA's regular membership is comprised of approximately 30 of the largest futures commission merchants in the U.S. Among FIA's associate members are representatives from virtually all other segments of the futures industry, both national and international.

For more information, please contact Will Acworth (wacworth@futuresindustry.org) at (202) 466-5460 or visit the FIA's website at .

About NASDAQ OMX PHLX:

NASDAQ OMX PHLX (PHLX) trades more than 2,600 equity options, sector index options and U.S. dollar-settled options on major currencies. PHLX offers a combination of cutting-edge electronic and floor-based options trading on NASDAQ OMX's high-speed, highly-reliable INET technology.

About NASDAQ Options Market:

The NASDAQ Options Market (NOM) offers participants a price-time priority trading system running on NASDAQ's world class INET technology. The trading system offers low-latency trading, routing to other exchanges, price improvement and sophisticated functionality such as reserve and minimum acceptable quantity (MAQ) orders.

The exchange also offers Depth of Market and Best of NASDAQ Options proprietary data feeds, which provide subscribers the fastest updates to NOM's order book.

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 approximately 3,600 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, visit . *Please follow NASDAQ OMX on Facebook () and Twitter ().

NDAQA