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Morningstar named data provider to Nasdaq OMX Listing Qualification group

20 May 2009  |  2305 views  |  0 Source: Morningstar

Morningstar (Nasdaq: MORN), a leading provider of independent investment research, has been selected as the new provider of data, research tools, and Securities and Exchange (SEC) filings to the Nasdaq OMX Listing Qualifications group.

NASDAQ OMX's team of listing qualifications analysts is charged with promoting the integrity and reputation of The NASDAQ Stock Market® by reviewing all companies for compliance with the initial and continued listing requirements. Morningstar will be providing NASDAQ OMX with company financials, valuation ratios, and SEC filings for every U.S. market-traded security.

"We're pleased to be selected as the data provider for NASDAQ OMX Listing Qualifications, a group responsible for compliance oversight of the largest U.S. electronic stock market," said Liz Kirscher, president of data services for Morningstar. "We have been building our equity coverage for more than a decade and with the recent acquisition of 10-K Wizard, a leading provider of SEC filings and alert services, we have a robust equity research and monitoring solution to help the Listing Qualifications analysts oversee the more than 2,900 companies listed on the exchange."

"Morningstar has the comprehensive and timely financial data and filings we need to help us monitor and evaluate the companies listed and seeking to trade on our exchange," said Michael Emen, senior vice president of NASDAQ OMX's Listing Qualifications Department.

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