Nasdaq Opens Bangalore Tech Unit
Part of the new presence's objectives will be the development of Nasdaq's new Investor Relations platform. While Bangalore has been synonymous with technology for many years now, Nasdaq's move is in line with other exchanges, who have sought to broaden their footprint in Southeast Asia of late.
"Asia is a significant growth market for all of Nasdaq OMX, we're seeing strong demand for our market technology and corporate solutions products, and interest in new listings and our indexes," says Robert Frojd, regional manager for Southeast Asia at Nasdaq OMX. "Operating in Bangalore, India's technology capital, is a seamless fit. We're a company focused on delivering best-of-breed solutions to our customers who drive the world's economy. We look forward to the long-term opportunities our presence in Bangalore will provide for us."
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