OMX and SGX sign agreement on new data feed system

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.

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About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic Exchange comprises over 800 companies including its alternative market First North. OMX provides technology to over 60 exchanges, clearing organizations and central securities depositories in over 50 countries. The Nordic Exchange is not a legal entity but describes the common offering from OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com.

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