Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  OMX AB
2. Date of Event Requiring Statement (Month/Day/Year)
05/25/2007
3. Issuer Name and Ticker or Trading Symbol
NASDAQ STOCK MARKET INC [NDAQ]
(Last)
(First)
(Middle)
TULLVAKTSVAGEN 15
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

STOCKHOLM, V7 105 78
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
OMX AB
TULLVAKTSVAGEN 15
STOCKHOLM, V7 105 78
    X    

Signatures

/s/ Magnus Billing 06/04/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
On May 25, 2007, OMX AB ("OMX") and The Nasdaq Stock Market, Inc. (the
"Issuer") entered into a Transaction Agreement (the "Transaction Agreement").
Pursuant to the terms and subject to the conditions set forth in the Transaction
Agreement, the Issuer will make a cash and stock tender offer (the "Offer") to
acquire all of OMX's outstanding shares. The consideration offered in the Offer
is equivalent to 0.502 new shares of Common Stock of the Issuer plus SEK94.3 for
each OMX share. The board of directors of each of OMX and the Issuer has
approved the Transaction Agreement.

    On May 25, 2007, OMX entered into three Voting Agreements (the "Voting
Agreements") with certain holders of voting securities of the Issuer (the
"Securityholders"). Approval of the Issuer's shareholders of the issuance of the
new shares of Common Stock in connection with the Offer by the required vote
under applicable law and NASDAQ exchange rules is a condition to completion of
the Offer. OMX's purpose in entering into the Voting Agreements was to increase
the likelihood that such condition is satisfied.

    OMX does not have any pecuniary interest in the securities held by the
Securityholders.

    For more information about the Voting Agreements, including certain voting
limitations arising from the Issuer's Restated Certificate of Incorporation, as
amended, and other matters relating thereto, please see the Schedule 13D filed
by OMX on June 4, 2007 relating to the Issuer's common stock.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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