Monday, November 26 2012 17:13

NASDAQ OMX Armenia Introduces GlobeNewswire in Armenia


ArmInfo. Within the frameworks of its activities aimed at promotion of Armenian capital market, NASDAQ OMX Armenia at a press conference today introduced GlobeNewswire wordwide news distribution service for the first time in Armenia.

According to the press service of NASDAQ OMX Armenia, GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Introduction of GlobeNewswire service is aimed at enhancing distribution of information about Armenian capital market abroad. This service will enable Armenian companies, especially those listed or admitted to trading at NASDAQ OMX Armenia, to easily distribute their corporate news to main media of Europe, USA and the rest of the world, upon their choice, and make it available for potential investors worldwide.

Apart from activities on promotion of Armenian capital market, NASDAQ OMX Armenia will also cooperate with local media to order to include them in GlobeNewswire distribution network and provide Armenian media with more efficient ways of obtaining real time international news.

GlobeNewswire and NASDAQ OMX form a single worldwide news distribution service with expertise in multiple continents, helping public and private companies communicate with media and investors in local languages. GlobeNewswire was founded in 1998 and in 2006 it was acquired by NASDAQ OMX, expanding its technical capabilities and worldwide presence. In 2008, renowned Nordic and Baltic distribution network, OMX Company News Service (CNS) joined GlobeNewswire's systems. Today, 50% of all listed companies in the Nordic Baltic region use the service to fulfill their regulatory requirement.

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces 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 approximately 3,400 listed companies worth $6 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).

In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc. On January 26, 2009, "Armenian Stock Exchange" ojsc was officially renamed as "NASDAQ OMX Armenia" ojsc. On June 5, 2009, "NASDAQ OMX Armenia" ojsc became the owner of 100% of the shares of the "Central Depository of Armenia" ojsc.
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