NEW YORK, Nov. 6, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Wix (Nasdaq:WIX), a leading web development platform, commenced on The NASDAQ Stock Market on November 6, 2013.
Wix is a leading global cloud-based web development platform with more than 40 million registered users in over 190 countries. Founded on the belief that the Internet should be accessible to everyone to develop, create and contribute, Wix's drag and drop Editor enables users to easily create and manage beautifully designed, cross-platform web presence themselves. Through the highly curated Wix App Market, users can further boost functionality by seamlessly integrating powerful third-party and Wix-developed web Apps. Founded in 2006, Wix has over 400 employees.
"Today marks the beginning of the next stage for Wix and we're excited to start this journey here at the NASDAQ," said Avishai Abrahami, CEO and co-founder of Wix. "We are confident that we will maintain our growth by continuing to do what we do best: developing amazing products that foresee and respond to our users' needs. Our mission remains the same – continue to help millions worldwide to create and manage an online presence that is exactly the way they imagined it."
"Wix continues to innovate the way users are developing and managing their online presence," said Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX. "We are thrilled to welcome Wix to The NASDAQ Stock Market and look forward a long and successful partnership as Wix continues its journey as a public company."
Since its foundation, NASDAQ has continuously been the exchange of choice for the some of the world's largest and most revolutionary companies. By listing with NASDAQ OMX, Wix joins technology leaders including Apple, Microsoft, Google, Intel, Cisco, eBay, Baidu, and Adobe. NASDAQ is home to over 74 percent of technology companies listed on U.S. exchanges.
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 26 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 99.99% 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)
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 The NASDAQ OMX Group, Inc. 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.
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CONTACT: NASDAQ OMX Media Contact:
Christine Barna
(646) 441-5310
Christine.Barna@nasdaqomx.com
Wix Media Contact:
Eric Mason
(650) 533-0836
ericmason@wix.com
