Through inbound and outbound contact with the Market Intelligence Desk, NASDAQ-listed companies can access detailed information regarding their stocks' trading activity, news coverage, market sentiment and analyst upgrades and downgrades, from more than 100 sources including NASDAQ trading systems and vendors.
"The Market Intelligence Desk provides executives at our companies with a unique ability to enhance their competitive positioning by ensuring they stay abreast of issues impacting their stock, company and industry," said Robert Power, Senior Vice President of the Market Intelligence Desk for NASDAQ. "For example, throughout peak earnings season the Desk has proved to be quite an asset to our companies by monitoring the activity of their peers, analyzing analyst upgrades, conveying the impact of downgrades and even explaining trade-by-trade data if necessary."
Since the launch of 1,300 additional companies last month, the Market Intelligence Desk has handled on average, 400 calls with listed companies each day regarding their stock. In fact, the service has received such favorable feedback from issuers that NASDAQ has put an even more aggressive rollout timetable in place. All of NASDAQ's nearly 4,000 listed companies will have access to the Market Intelligence Desk by September 9th.
Through this new initiative, NASDAQ's capital markets experts will also alert listed companies to major news coverage, chat room activity, changes in analyst ratings and other factors influencing their stock or companies of special interest to the CEO.
Each NASDAQ-company will have its own unique toll-free number to use for contacting its dedicated Market Intelligence Desk expert Monday through Friday from 7:30 a.m. to 8:00 p.m. EST. Over 50 fully integrated functions are triggered to automatically populate the desktop of the appropriate Market Intelligence Desk expert when a NASDAQ-listed company calls its dedicated toll-free line.
NASDAQ is the world's largest stock market. With nearly 4,000 companies, NASDAQ lists more companies and trades more shares per day than any other U.S. market. Over the past five years, NASDAQ has outpaced all other U.S. markets in listing IPOs. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries. NASDAQ is a key driver of global capital formation. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.NASDAQnews.com.
