NEW YORK, February 16, 2012 - Muscat Securities Market (MSM) and NYSE Technologies, the commercial technology division of NYSE Euronext, today announced the successful migration of the MSM to NYSE Technologies' NSC V900 trading platform. The innovative trading infrastructure offers market participants the benefits of industry leading performance and speed.
"The NSC V900 trading platform complements our business strategy to further increase liquidity in our capital markets by simplifying and enhancing our infrastructure," said MSM Director General Ahmed Salh Al-Marhoon. "We've been a customer of NYSE Technologies for many years now, and the high quality product offering supports our growth and differentiates us in today's increasingly competitive exchange industry."
"It is our goal to help clients increase productivity and performance by introducing quality infrastructure that decreases time to market," said Stanley Young, CEO of NYSE Technologies. "As one of NYSE Technologies' long standing and valued partners, we are pleased to have the opportunity to continue working and innovating with MSM."
The NSC platform is utilized by numerous Exchanges across the globe and its implementation at MSM will provide them with significant performance enhancements and the scalability necessary to support the development and growth of their evolving market.
About Muscat Securities Market
Since its inception in June 1988, MSM mission is to provide investors with an efficient and transparent investment environment, by the provision of correct and timely information.About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world's largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world's best financial institutions and exchanges. For additional information visit: nyse.com/technologies.
Cautionary Note Regarding Forward-Looking Statements
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2010 ("document de référence") filed with the French Autorité des Marchés Financiers (Filed on April 19, 2011 under No. D.11-0333), 2010 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.