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OMX Signs Memorandum of Understanding with Zagreb Stock Exchange.


STOCKHOLM, Sweden -- OMX (STO:OMX) and Zagreb Stock Exchange The Zagreb Stock Exchange or ZSE (Croatian: Zagrebačka burza) is a stock exchange which operates in Zagreb, Croatia. It was established in 1991.  have signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  regarding cooperation. The relationship will be based on potential cooperation in the areas of technology and product development.

Zagreb Stock Exchange has the vision to play an important role in its region and intends to benefit from OMX leading position in the exchange industry, both as a supplier of marketplace technology and as a successful driver behind the integration of the regional market in the Nordic and Baltic region with the OMX Nordic Exchange.

The goal of the cooperation between OMX and Zagreb Stock Exchange is to contribute to the development of the Croatian capital market and to raise its national and international attractiveness.

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 the numeral system, Hex, see Hexadecimal

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. , 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 and Vilnius 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 Financial sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com

About ZSE

Zagreb Stock Exchange (Croatia) is one of the leading marketplaces in South-Eastern Europe. According to a recent Bloomberg survey, ZSE (by mkt. cap.) is the sixth largest stock exchange in the Central and Eastern European region. Furthermore, within the region of former Yugoslavia (Slovenia, Serbia, Montenegro, Macedonia, B&H, Croatia) ZSE keeps it's position with 37,4% of total regional equity turnover in 2006, and 41,4% of total regional market capitalization(1). ZSE was the first Exchange in the region recognized by the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 (in 1996) as a transparent and regulated primary market for the purpose of dual listings and listing companies GDR's in London. (1)Source: Federation of Euro-Asian Stock Exchanges The Federation of Euro-Asian Stock Exchanges (FEAS) is a non-profit international organization comprising the main stock exchanges in Europe and Asia. It was established on May 16, 1995 with 12 founding members. Currently there are 31 members and 7 affiliates.  (FEAS web site), Ljubljana Stock Exchange and Zagreb Stock Exchange publicly published data. (2)Mkt. Cap. calculated on September 30, 2006 basis. Official web site www.zse.hr

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Publication:Business Wire
Date:Nov 9, 2006
Words:393
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