The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced consolidated market performance statistics for its U.S. and Nordic exchanges for the month of May 2008.

Otelco Inc. (AMEX: OTT; TSX: OTT.un), the sole wireline telephone services provider in the Alabama, Maine and Missouri rural communities it serves, today announced its intention to transfer the listing of its Income Deposit Securities (IDS) from the American Stock Exchange (AMEX) to the NASDAQ Global Market.

Northern Technologies International Corporation (Amex: NTI) announced today that it has been approved for listing on the NASDAQ Global Market. NTIC's board of directors approved the decision to switch the listing of NTIC's common stock from The American Stock Exchange to The NASDAQ Stock Global Market LLC (Nasdaq: NTIC).

The major averages were higher at midsession. The Dow has reversed direction a number of times. It was up as many as 40 points in the first few minutes of trading, and the Nasdaq was up by 5. Since then, the Dow has been down as many as 50 points.

While the DJIA dropped modestly yesterday, the Nasdaq Composite was strong and the A/D was 3/2 positive on issues and volume. Oil helped by dropping a $1.00 a barrel but the dollar was also soft.

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced plans to introduce a new service designed to place real-time market data in the hands of millions of individual investors in Europe. With "European Last Sale," NASDAQ OMX will facilitate universal access to real-time stock data -- or the last quoted price.

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that The NASDAQ Stock Market has listed two new exchange traded funds (ETFs) sponsored by Invesco PowerShares Capital Management LLC -- a leading provider of ETFs. NASDAQ is the most liquid U.S. market for ETFs, capturing 35.7% of all U.S. ETF volume in May. Matched volume was 6.7 billion, more than any other U.S. exchange.

Lehman and AIG are also in focuse as Lehman Brothers results are expected and AIG ousted its CEO.

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announces that customer testing is now available for its Pan-European Market, a high-volume trading market scheduled to launch in September. The Pan European Market will also provide routing links to multiple liquidity pools across Europe.

At the end of the settlement date of May 30, 2008, short interest in 2,643 NASDAQ Global Market(sm) securities totaled 9,687,044,281 shares compared with 9,500,539,527 shares in 2,641 Global Market issues reported for the prior settlement date of May 15, 2008. The end-of-May short interest represents 4.94 days average daily NASDAQ Global Market share volume for the reporting period, compared with 4.53 days for the prior reporting period.

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the introduction of the NASDAQ OMX Middle East North Africa Index(sm) (Nasdaq:QMEA), a new global benchmark for NASDAQ OMX. The NASDAQ OMX Middle East North Africa Index is a float-adjusted market-capitalization weighted index comprised of the largest and most liquid companies domiciled in Middle Eastern and North African (MENA) countries.

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that The NASDAQ Stock Market (NASDAQ) has launched a new service that places free real-time market data in the hands of millions of individual investors. With "NASDAQ Last Sale," NASDAQ becomes the first U.S. stock exchange to facilitate universal, free access to real-time stock quotes -- or the last quoted price -- together with CNBC, Google, The Wall Street Journal Digital Network and Xignite.