SEB extends their membership of The Nordic Exchange to Iceland
OMX Nordic Exchange Iceland hf. has approved the application of SEB for membership of OMX ICE equity market thus that SEB can start trading in Icelandic shares as of today 16 October.
SEB is already active on OMX Nordic Exchange in Copenhagen, Stockholm and Helsinki. The company's ticker symbol in the OMX ICE trading system is ENS.
Thordur Fridjonsson, President of OMX Nordic Exchange Iceland:
"We are extremely pleased to welcome the Swedish bank SEB, one of the largest in the Nordic countries, as a new member of OMX Nordic Exchange in Iceland. The merger of OMX exchanges has spurred interest in membership; several banks have joined as members recently and others are on the way. We expect that the addition of SEB, and other new exchange members, will pave the way for greatly increased activity of foreign financials in the Icelandic market."
Members of OMX Nordic Exchange Iceland have significantly grown in numbers over the past year. As of today members amount to 31, thereof nine remote members.
SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB is the largest stock broker by market share in the Nordic Stock Exchanges. SEB has a local presence in the Nordic and Baltic countries, Germany, the Ukraine and Russia, and a global presence through its international network in another ten countries. On 30 June 2007, the Group’s total assets amounted to SEK 2,188bn while its assets under management totalled SEK 1,403bn. The Group has about 20,000 employees. Read more about SEB at ww.sebgroup.com.