NASDAQ OMX Welcomes The European Commission Communication On Derivatives Markets

The NASDAQ OMX Group (Nasdaq: NDAQ) today commented on the EU Commission Communication on “Ensuring efficient, safe and sound derivatives markets.” NASDAQ OMX welcomes the communication and in particular supports the European Commission's move to consider measures to ensure that CCP clearing - wherever possible - becomes the norm for OTC derivatives markets as a whole. NASDAQ OMX also welcomes the recognition of the preference for transparent trading venues.

Hans-Ole Jochumsen, Executive Vice President NASDAQ OMX, commented: “As a global operator of markets, in particular in the US and Europe, NASDAQ OMX is keen to see measures that reinforce the stability of financial markets, including those dealing with OTC derivatives. We believe that it is crucial that these measures be developed in a consistent way in Europe and the US.”