“We are honored and privileged to have Adena rejoin our organization,” said Greifeld. “When I arrived at NASDAQ in May 2003, I was incredibly fortunate to be able to partner with someone of Adena’s abilities and ambitions. She started her career at NASDAQ and played a major role in shaping the strategy that guides many of our actions today.”
Friedman served in a variety of important roles during her first stint at NASDAQ OMX, including time as CFO. She is also credited with significant contributions to the strategy and expansion of the organization, helping make the NASDAQ one of the most diverse exchanges in the world.
The NASDAQ is the largest U.S. electronic stock market and the fastest, most emulated market-model worldwide. It lists roughly 3,200 companies from 37 countries, across all industry sectors. It lists more companies, on average, trades more shares per day (about two-billion shares daily), and handles more IPOs (over 1,000 since 2000) than any other U.S. exchange.
Israel has 61 companies listed on the NASDAQ exchange, ranging from technology and biotech industries to consumer services. Israel’s 61 companies are the second most by a foreign nation in the exchange, coming in only behind China, which has over 100.
The five Israel-based stocks with the largest market cap, and rising still, are: Check Point Software Technologies, systems software; Elbit Systems, aerospace and defense; NICE Systems, application software; CeaserStone Sdot-Yam, construction materials; and Mellanox Technologies, semiconductors.
Reuters reports that 2013 was a very strong year for Israeli companies on the NASDAQ, and Meyer Frucher, the stock exchange’s vice chairman, expects an even stronger year to come for initial public offerings (IPO) from Israeli firms.
“Last year there were four IPOs and they had on average an 85 percent increase since the IPO. So the Israeli companies do well on NASDAQ,” Frucher told Reuters during a visit to Tel Aviv. “There are a lot of [Israeli] companies, a number of companies that we are engaged in various levels of conversations with. We did four last year, we think we’ll do more this year.”
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