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March 24, 2014
08:10 EDTNDAQNASDAQ OMX announces formation of global market services business
NASDAQ OMX announced the formation of Global Market Services, a new entity comprising NASDAQ OMX transactions, clearing and settlement services in the U.S. and Europe. Hans–Ole Jochumsen, Executive Vice President, has been appointed to lead the newly combined global business, reporting directly to Chief Executive Officer Bob Greifeld. NASDAQ OMX's European and U.S. market services businesses will report to Mr. Jochumsen. The newly created entity will facilitate global growth and expansion of the company's cash and derivatives business within equities as well as fixed income, currencies and commodities, or FICC, and enable greater customer focus, product development and technology synergies.
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