Nasdaq Welcomes IHS Markit Ltd. to The Nasdaq Stock Market
14 July 2016 - 1:05AM
Nasdaq (Nasdaq:NDAQ) announced that trading of IHS Markit Ltd.
(Nasdaq:INFO) commenced on The Nasdaq Stock Market on July 13,
2016. This marks the successful merger of two companies – IHS
(formerly NYSE:IHS) and Markit (formerly Nasdaq:MRKT) – creating a
global leader in financial and corporate information.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/23de6f31-96fc-43b9-9aaf-2cccf4c2db22
Following a thorough stock exchange evaluation process, the
management of IHS Markit selected Nasdaq for their listing venue
and the “INFO” ticker symbol. The new entity is well positioned to
provide customers across multiple industries with critical
information, analytics and solutions.
“Nasdaq provides a comprehensive suite of trading, visibility
and corporate solutions powered by cutting-edge technology,” said
Jerre Stead, Chairman and Chief Executive Officer, IHS Markit.
“Leveraging this partnership, we will be able to provide our
customers and shareholders with greater value and enhanced
services.”
“To us, Nasdaq has always been an invaluable partner with their
dedicated business support and unmatched global network,” said
Lance Uggla, President, IHS Markit. “Nasdaq will continue to be a
strategic ally as we aim to reshape today’s business landscape with
powerful insight, data and analytics.”
“Technology and innovation are at the heart of our business. We
couldn’t be more excited about being the exchange partner for IHS
Markit as they take on the new chapter of this incredible journey,”
said Bob Greifeld, Chief Executive Officer, Nasdaq. “Nasdaq
congratulates IHS Markit on the successful merger and looks forward
to supporting the company while they continue to deliver
best-in-class intelligence products and services.”
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. Information about the
company is provided by the company or comes from the company’s
public filings and is not independently verified by Nasdaq.
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 NasdaqNasdaq (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 3,700 listed companies with a market value of
approximately $9.3 trillion and nearly 17,000 corporate clients. To
learn more, visit: nasdaq.com/ambition or business.nasdaq.com
- NDAQG -
Media Relations Contacts:
William Briganti
(646) 441-5012
william.briganti@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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