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BofA Merrill Lynch Implements FTEN's RiskXposure to Enhance Its European Cash Equities Clearing Business



NEW YORK and LONDON, Sept. 17, 2012 (GLOBE NEWSWIRE) -- FTEN, Inc., a NASDAQ OMX company, today announced that BofA Merrill Lynch has chosen FTEN's RiskXposure (RX) platform to enhance its European Cash Equities clearing business.


RX now provides BofA Merrill Lynch with a comprehensive post trade risk management infrastructure, as a complement to BofA Merrill Lynch's existing systems, that integrates client positions and executed trade data from central counterparty clearing houses (CCP) and exchanges. RX aggregates the data to provide real time market and credit risk exposure on a per-market, per-CCP and per-client basis.


Ted Myerson, Global Head of Access Services at NASDAQ OMX, said; "RX brings general clearing members risk management capabilities closer to the point of trade, empowering them with deeper insight and tighter control over their end client's activity to safely and effectively manage their businesses."


He added, "FTEN is in a unique position to help general clearing members like BofA Merrill Lynch proactively utilize our risk management expertise and proven technology for the clearing community."


About FTEN:


FTEN, a NASDAQ OMX company, offers real-time, cross-market risk management solutions that provide market participants with transparency and control over their global trading activity. Our mission is to help firms build and grow their electronic trading businesses by enabling more efficient use of capital and providing tools to facilitate a full regulatory compliance program. FTEN's patented technology enables users to monitor their aggregate intraday risk profile on a global basis. Our highly scalable and reliable market access platform connects to major pools of liquidity and supports multiple asset classes. FTEN systems provide pre-, at- and post-trade risk, compliance and reporting solutions that satisfy even the most latency sensitive users. 'FTEN' is a registered and unregistered trademark of FTEN in the U.S.
and other countries. 'NASDAQ OMX' is a registered and unregistered trademark of The NASDAQ OMX Group in the U.S. and other countries. To learn more, visit www.ften.com.


About NASDAQ OMX:


The inventor of the electronic exchange, The NASDAQ OMX Group, Inc. fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry.
Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)


Cautionary Note Regarding Forward-Looking Statements


The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about FTEN's RiskXposure (RX) platform and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission.
We undertake no obligation to release any revisions to any forward-looking statements.


NDAQG


CONTACT: NASDAQ OMX Media Contact:

Robert Madden

+1 (646) 441-5045 (office)

+1 (347) 740-0191 (mobile)


Information non réglementée


Communiqué intégral et original au format PDF :


http://www.actusnews.com/documents_communiques/ACTUS-0-29356-BofA-Merrill-Lynch-Implements-FTEN.pdf

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