[By NBC-1TV H. J Yook]NASDAQ OMX (Nasdaq:NDAQ), the world‘s leading provider of market technology, was recently selected for ’Trading Technology Product of the Year‘ by Risk Magazine’s 2014 Risk Awards. NASDAQ OMX received the award for its Genium INET trading platform, which now runs trading for 17 exchanges globally.

“We are honored to receive such a highly-coveted award by Risk,” said Anna Ewing, Executive Vice President, Global Technology Solutions, NASDAQ OMX. “Genium INET has allowed exchanges across the world to meet investor needs in a continuously evolving and expanding market. I'm proud of our team which has developed and expanded the platform to become one of the most powerful, resilient and functionally complete multi-asset trading systems in the world.”

In its profile on Genium INET, Risk highlights the reliability the platform has provided exchanges including those in Hong Kong, Singapore and Sydney, stating, “[These exchanges] are all fighting to create or expand their own regional trading hub, and they all recognize the need to give investors a liquid, reliable market.”