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Monday, March 2, 2015

Data Technical News #2015 - 3
Towers Watson to Begin Sole Listing on Nasdaq on Friday, March 13, 2015

Markets Impacted:

Products Impacted:

  • All Nasdaq and UTP Data Feeds

Contact Information:

Resources:

What you need to know:

  • On Friday, March 13, 2015, Towers Watson (NYSE/NASDAQ: TW) will begin solely trading on the Nasdaq Global Select Market®
  • Towers Watson stock will be listed on Nasdaq under the ticker symbol "TW".
  • The company will continue to be dually listed on NYSE and Nasdaq through Thursday, March 12, 2015.

What is changing?

On Friday, March 13, 2015, Towers Watson (NYSE/NASDAQ: TW) will begin solely trading on the Nasdaq Global Select Market under the ticker symbol "TW". The company will continue to be dually listed on NYSE and Nasdaq through Thursday, March 12, 2015.

Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With 15,000 associates around the world, Towers Watson offers consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management.

What are the issue details for the new Nasdaq listing?

The issue mapping for Towers Watson is as follows:

Issue Name CUSIP NYSE/Nasdaq Ticker through March 12, 2015 Nasdaq Ticker as of March 13, 2015 Nasdaq Market Category Round Lot Size
Towers Watson 891894107 TW
TW Nasdaq Global Select Market 100 shares

What database changes do Nasdaq market data redistributors need to make to accommodate the new listing?

Nasdaq® asks that all market data redistributors update their database to reflect the new listing market for Towers Watson on Friday, March 13, 2015. Nasdaq requests that market data redistributors retain historical data for TW.

When the issue moves solely to Nasdaq, firms will see a change in the consolidated data source for Towers Watson. Please note that the consolidated market data for all Nasdaq-listed issues is disseminated via the UTP Quotation Data FeedSM (UQDFSM) and UTP Trade Data FeedSM (UTDFSM). Firms will begin to see quotation and trade data for Towers Watson on UQDF and UTDF beginning in the pre-market trading hours on Friday, March 13, 2015.

For firms that report end usage numbers by the query, Nasdaq reminds them that the Level 1, Nasdaq Basic and Nasdaq Last Sale (NLS) counts should include quote and trade queries for Towers Watson (TW) beginning on Friday, March 13, 2015.

Contact Information

If you have questions about Towers Watson, please contact:

  • J.R. Mastroianni, Vice President, Nasdaq, at +1 508 804 2162.
  • Aida Sukys, Director of Investor Relations, Towers Watson, at +1 703 258 8033.

If you would like to register as a market maker in TW, please contact:


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