Nasdaq to run corporate headquarters in Lower Manhattan

By Our Markets Bureau | 09 Jan 2003

New York: Nasdaq (www.nasdaq.com) has announced its plans to maintain its corporate headquarters at One Liberty Plaza in Lower Manhattan, citing adjustments in the New York real estate market.

Approximately 12 members of Nasdaqs executive management team, currently occupying temporary offices at 1500 Broadway, will rejoin approximately 150 employees at the downtown offices before the end of January 2003. Nasdaq will continue to maintain a full-time staff at the MarketSite location in Times Square.

Nasdaq is the worlds largest electronic stock market. With approximately 3,700 companies, Nasdaq lists more companies and trades more shares per day than any other US market. Over the past five years, Nasdaq has outpaced all other US markets in listing IPOs. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries.