NASDAQ Stock Market Announces New Head of NASDAQ International and
Vice President of the Eastern Region of the United States
NEW YORK, Nov. 27, 2007 (PRIME NEWSWIRE) -- The NASDAQ Stock Market,
Inc. (Nasdaq:NDAQ) today announced the appointment of Jeff Singer as
Senior Vice President and Head of NASDAQ International and Eric
Bernbach as Vice President of the Eastern Region of the United
Both roles will be based in New York and report to Bruce Aust,
Executive Vice President and Head of the Corporate Client Group of
The NASDAQ Stock Market.
Singer will be responsible for NASDAQ's global business development
with a primary role of managing international relationships with
companies outside the Americas. NASDAQ currently has 342 companies
headquartered outside the U.S., with a combined global market cap of
$859 billion. Singer will also spearhead the international sales
efforts for The PORTAL Alliance, a U.S. institutional market for
securities not registered with the Securities and Exchange
Commission. The PORTAL Alliance includes approximately 750 securities
of which more than 50% are from non-U.S. issuers with strong
representation from Brazil, Russia, India and China (BRIC).
Bernbach assumes Singer's previous role. His responsibility will be
maintaining NASDAQ's relationships with over 1,152 NASDAQ-listed
companies on the East Coast of the United States, with a combined
market cap of $760 billion. He will lead a team of Directors
responsible for attracting new business and client retention.
Bruce Aust said, "We are delighted that Jeff and Eric are taking on
new roles. Both have a vast experience in attracting new business and
playing an advisory role in client retention. Jeff and Eric will
continue to be great assets to our business initiatives in both the
domestic and international market places."
NASDAQ is the largest U.S. electronic equities exchange. With
approximately 3,100 companies, it lists more companies and, on
average, trades more shares per day than any other U.S. electronic
market. It is home to companies that are leaders across all areas of
business including technology, retail, communications, financial
services, transportation, media and biotechnology. NASDAQ is the
primary market for trading NASDAQ-listed stocks as well as a leading
liquidity pool for trading NYSE-listed stocks. For more information
about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the
NASDAQ Newsroom at www.nasdaq.com/newsroom/.
CONTACT: The NASDAQ Stock Market, Inc.
+1 646 441 5014
+44 20 7825 5544