OMX and SGX Sign Agreement on New Data Feed System.STOCKHOLM, Sweden -- OMX (STO:OMX) and Singapore Exchange Limited ("SGX") today announced that they have signed an agreement to develop a new data feed system that will further enhance SGX's data dissemination services to market participants. The new data feed system is designed to enrich and package price data from multiple sources. With this system, SGX can enable brokers and data vendors to provide comprehensive data to their customers. This collaboration with OMX supports SGX's continuing efforts to renew and refresh its IT infrastructure, with the objective of raising overall efficiency and enhancing service quality to market participants. "This initiative with OMX enables SGX to offer new value-added price data to meet the needs of our customers. The new data feed system will also support future growth in price data traffic and improve transmission speed," said Chew Hong Gian, Head of Technology at SGX. "This agreement further strengthens OMX's leading position in marketplace solutions for market data dissemination. We look forward to continue working with SGX to further strengthen their position as a leader in service quality," said Markus Gerdien, President, Market Technology, OMX. OMX will base the new solution on a market data system from Cicada and integrate it with SGX's trading engine, SGX QUEST. The solution is customised to SGX requirements and will be implemented in 2007. 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 Financial sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com. About Singapore Exchange Limited Singapore Exchange Limited (SGX) is Asia-Pacific's first demutualised and integrated securities and derivatives exchange. SGX was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions - the Stock Exchange of Singapore Stock Exchange of Singapore (SES) The only stock exchange in Singapore. (SES) and the Singapore International Monetary Exchange Singapore International Monetary Exchange (SIMEX) A leading futures and options exchange in Singapore. (SIMEX). On 23 November 2000, SGX became the first exchange in Asia-Pacific to be listed via a public offer and a private placement. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore Free Index and the Straits Times Index. For more information, please visit SGX website: www.sgx.com. This information was brought to you by Waymaker http://www.waymaker.net |
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