NEW YORK, Jul. 13 (Korea Bizwire) — 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.”
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Source: NASDAQ Inc. via GLOBE NEWSWIRE