The Market Intelligence Desk consolidates real-time data from more than 100 data sources including Nasdaq trading systems and vendors. It is designed to help executives at Nasdaq-listed companies enhance their competitive positioning by ensuring they stay abreast of issues impacting their stock, company and industry through inbound and outbound communications.
"The launch of the Market Intelligence Desk redefines our corporate client service by providing C-level executives with an unparalleled capability to stay abreast of important developments as they happen," said David Weild IV, Vice Chairman and Executive Vice President of The Nasdaq Stock Market Inc. "We believe easy access to real-time information is essential to our CEOs and ultimately supports them in creating shareholder value. For example, a Nasdaq listed CEO sees that his or her stock is trading up sharply, but doesn't know why. One quick call to the Market Intelligence Desk will bring them the answer."
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.
"The Market Intelligence Desk was developed in response to and in consultation with executives of Nasdaq-listed companies and since it is owned and operated by Nasdaq, its end goal is not commission-driven," continued Mr. Weild. "We believe no other market in the world is providing this type of un-biased, in-depth service to its listed companies."
The Market Intelligence Desk will also fulfill an ongoing research and development function for the creation of new services for Nasdaq listed companies. Insights gleaned from Nasdaq-listed company usage of the Market Intelligence Desk will form the basis for a continuous flow of applications and functionality designed to meet the needs of C-level executives.
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. With operations on three continents, 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.
