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 *
  Johnson James L. Jr.
 2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2008		 3. Issuer Name and Ticker or Trading Symbol
NASDAQ OMX GROUP, INC. [NDAQ]
(Last)
(First)
(Middle)
ONE LIBERTY PLAZA		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10006		 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, par value $0.01 per share 6,485 (1)
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
Employee Stock Option (Right to Buy)   (2) 11/15/2014 Common Stock 20,000 $ 7.35 D  
Employee Stock Option (Right to Buy)   (3) 12/08/2013 Common Stock 30,000 $ 9 D  
Employee Stock Option (Right to Buy)   (4) 02/18/2014 Common Stock 10,000 $ 9.15 D  
Employee Stock Option (Right to Buy)   (5) 12/13/2016 Common Stock 10,018 $ 35.92 D  
Employee Stock Option (Right to Buy)   (6) 12/12/2017 Common Stock 8,574 $ 45.38 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Johnson James L. Jr.
ONE LIBERTY PLAZA
NEW YORK, NY 10006		       Senior Vice President  

Signatures

/s/ Edward S. Knight, by power of attorney 03/10/2008
**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).
(1) Represents shares of unvested restricted stock granted under Nasdaq's equity plan.
(2) Options exercisable as to 50%. Remaining 50% exercisable on January 15, 2009.
(3) Represents exercisable options.
(4) Represents exercisable options.
(5) Options exercisable as to 50% on December 13, 2009 and as to 50% on December 13, 2010.
(6) Options exercisable on December 12, 2011, subject to accelerated vesting on December 12, 2010, or extension of vesting until December 12, 2012, depending on the achievement of performance goals.

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