Jun 06, 2012
Nasdaq moves closer to single platform Nordic equities trading
Nasdaq OMX Nordic is expanding its Norwegian offering by
letting its members trade all shares listed on Oslo Børs on Nasdaq OMX
Stockholm.
The exchange now offers trading in all Norwegian shares on
one platform.
Subject to regulatory approval, by September Nasdaq OMX
Stockholm is planning to introduce a new routing strategy providing access to
Oslo Børs opening and closing auctions, as well as letting members post orders
on Oslo Børs.
“As the leading operator of the market for equity trading in
the Nordics, we want to offer trading on all Nordic shares. Now, our members
can trade all shares listed on all Nordic exchanges through one access point,”
said Bjørn Sibbern, senior vice president, equities market, Nasdaq OMX Nordic.
“That makes it easier, cheaper and more efficient for them. Routing service
helps our members to discover better prices as well as to strengthen their own
business opportunities in a trading environment where technology and connectivity
is key.
Bruce Love
+44 (0)20 7397 3818
bruce.love@thetrade.ltd.uk