Nord Pool and OMX Extend Cooperation.STOCKHOLM, Sweden -- OMX (STO:OMX), a leading expert in the exchange industry, and Nord Pool, the Nordic Power Exchange, have signed an agreement regarding extended cooperation. OMX will provide one single solution for both trading and clearing. The agreement is valid until 2015 and includes support and operation of the integrated system, which will be used for the energy derivatives market. "Nord Pool is pleased to extend the constructive relationship with OMX through this agreement. Our ambition with the new platform is to improve the customer experience providing the best and most cost effective trading and clearing systems. The new platform will provide tools for faster product development which is required in the future European market," said Torger Lien, President and CEO at Nord Pool ASA. "OMX is a leading supplier of integrated technology solutions for trading and clearing to energy markets. We are very pleased that Nord Pool has chosen to extend the relationship with OMX. That Nord Pool once again have put their trust in us shows that we are a solid partner in growth," said Markus Gerdien, President Business Area Market Technology, OMX. About OMX OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).
For Wikipedia's help pages, see . , Copenhagen Stock Exchange Copenhagen Stock Exchange The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options. , Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , Iceland Stock Exchange Iceland Stock Exchange (Icelandic: Kauphöll Íslands) or ICEX was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. , Tallinn Stock Exchange The Tallinn Stock Exchange is a stock exchange operating in Tallinn, Estonia. It is one of the OMX Exchanges, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. It is the only regulated exchange in Estonia. The major stock market index was the TALSE. , Riga Stock Exchange The Riga Stock Exchange is a sole stock exchange operating in Riga, Latvia. It is owned by OMX, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. and Vilnius Stock Exchange The Vilnius Stock Exchange (VSE) is a stock exchange established in 1993 operating in Vilnius, Lithuania. It is owned by OMX, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. . OMX' integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com About Nord Pool Nord Pool is the world's first international commodity exchange for electricity, green certificates and European Union Allowances (EUAs). Today Nord Pool is the world's largest power exchange in terms of both physical and financial volume. The core business of the Nord Pool group is trading and clearing physical-delivery and financially-settled power contracts in the Nordic region (Finland, Sweden, Denmark and Norway). The group has more than 400 members from 20 countries across a wide range of energy producers and consumers as well as finial fin·i·al n. 1. Architecture A sculptured ornament, often in the shape of a leaf or flower, at the top of a gable, pinnacle, or similar structure. 2. An ornamental terminating part, as on a post or piece of furniture. institutions. Nord Pool has over 80 members from 16 countries in the emission market. The Nord Pool group comprises Nord Pool ASA and Nord Pool Spot AS with offices in Lysaker (Oslo), Fredericia, Stockholm, Helsinki, Berlin and Amsterdam. This information was brought to you by Waymaker http://www.waymaker.net |
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