NASDAQ Commends The SEC For Market Structure Reforms

The Nasdaq Stock Market, Inc. (NASDAQ ®; OTCBB: NDAQ), today voiced its support for the Securities and Exchange Commission's (SEC) market structure proposals. Although company senior officials are in the process of reviewing the newly proposed rules, NASDAQ is encouraged by the reforms set forth by Chairman Donaldson and the Commission, which signal a historic development within U.S. market structure.

Commenting on today's proposal, Bob Greifeld, NASDAQ President and CEO said, "Today's market structure proposals represent a significant step forward for investors, and we commend Chairman Donaldson and the Commissioners for their leadership on this initiative." Greifeld added, "We look forward to reviewing these proposals thoroughly and in working with Chairman Donaldson and the Commission in the months ahead."

NASDAQ is the world's largest electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology industries. NASDAQ is the primary market for trading NASDAQ listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.NASDAQnews.com.