Longitude LLC and Longitude SA are wholly-owned subsidiaries of Nasdaq, Inc. Longitude SA is the exclusive licensee of the intellectual property rights for the Longitude technology. Longitude LLC is the sales and marketing agent of Longitude SA.
The Longitude technology uses parimutuel principles to aggregate liquidity and produce fair and efficient prices for applications in a diverse range of industries. The powerful calculation engine and other functionality that underlie Longitude’s unique technology platform are patented globally.
The innovative features of the Longitude technology platform enable a broad range of possible applications, and Longitude LLC is currently exploring new business opportunities for the technology. The Longitude technology has been licensed for use in the gaming and wagering industry, including to the Hong Kong Jockey Club for horse racing and Sportech PLC for sports betting. More information about Longitude is available at www.longitude.com.