Nasdaq to Power Digital Currency Marketplace for Noble Markets
24 March 2015 - 9:01PM
New institutional
cryptocurrency marketplace will operate X-stream trading
technology
Nasdaq (Nasdaq:NDAQ) and Noble Markets, announced today that Noble
Markets will implement Nasdaq's X-stream trading technology for the
company's soon to be launched digital currency marketplace.
X-stream is the most widely used exchange trading technology in the
world, powering more than 30 marketplaces globally.
"Noble was founded on the principal of bringing credible market
structure and institutional trading expertise to the cryptocurrency
marketplace. All customers demand a fair and orderly market, the
best possible pricing and confidence trades will be completed
efficiently," said John Betts, CEO and Founder of Noble Markets.
"We are excited that Nasdaq shares our vision and commitment to
support the development of this ground-breaking market. Our
Marketplace, powered by X-stream, allows us to leverage a proven
and trusted venue that supports global trading worth billions of
dollars reliably, every day. We look forward to more exciting
announcements over the coming months."
Noble's marketplace platform will provide their institutional
market participants, liquidity providers and other cryptocurrency
and bitcoin exchanges the benefits of Nasdaq's low latency, highly
transparent marketplace for cryptocurrency trading activity.
"As one of the world's leading providers of technology to the
capital markets, Nasdaq is dedicated to discovering and supporting
new and emerging technologies and marketplaces," said Lars
Ottersgård, Executive Vice President, Market Technology, Nasdaq.
"We are thrilled to work with the experienced industry veterans at
Noble Markets and look forward to supporting their cutting-edge,
new endeavor for the long-term in addressing the needs of the
digital currency space."
Nasdaq's exchange technology, including trading, clearing, CSD
and market surveillance systems, is in operation in over 100
marketplaces across North and Latin America, Europe, Asia,
Australia, Africa and the Middle East.
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Neither Nasdaq nor any
of its affiliates makes any recommendation to buy or sell any
security or any representation about the financial condition of any
company. Statements regarding Nasdaq-listed companies are not
guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not
indicative of future results. Investors should undertake their own
due diligence and carefully evaluate companies before investing.
ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of
trading, clearing, exchange technology, listing, information and
public company services across six continents. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70
marketplaces in 50 countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to more than 3,500 listed companies
with a market value of over $9.1 trillion and more than 10,000
corporate clients. To learn more, visit http://nasdaq.com/ambition
or http://business.nasdaq.com.
About Noble Markets
Noble Markets is a New York-based digital currency marketplace
and technology platform serving financial and commercial
institutions, professional traders and other exchanges trading
digital currencies and other assets. Noble was founded by John
Betts and a team capital markets and trading professionals, and is
backed by institutional investors including Tally Capital and
Blockchain Capital. To learn more, please visit www.noblex.io or
https://www.linkedin.com/company/noble-markets on LinkedIn, and
follow us on Twitter @NobleMarkets.
NDAQG
CONTACT: MEDIA CONTACTS
Nasdaq:
Ryan Wells
(646) 581-4286 (M)
Ryan.Wells@nasdaq.com
Noble Markets:
Martin Stein
Transform Public Relations
(702) 285-2873
martin@transform.pr
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