OMHEX successfully launches integrated derivatives exchange
OMHEX successfully launches integrated derivatives exchange Today OMHEX has successfully integrated the Finnish and Swedish derivatives markets through the launch of the common derivatives trading platform CLICK XT(TM) for the Finnish market. As a result of the integration, exchange members and investors can now enter the market through one access point, trade Finnish and Swedish derivative products on the same platform and benefit from one rulebook, one order book and a single membership. The integration of the derivatives markets is another step in fulfilling OMHEX's vision of a fully integrated Nordic and Baltic securities market. The integrated derivatives exchange and clearing house is operated by Stockholmsbörsen, which now offers euro-denominated Finnish equity derivatives. The integrated derivatives market further offers its members instant and efficient access to other Nordic derivatives markets through a link between Stockholmsbörsen, Oslo Börs, Copenhagen Stock Exchange and EDX London. "By sharing a technical platform with other exchanges, the number of members connected to the same trading platform has now increased to over 140. We are confident that the wider member base, combined with standardization of products will enhance the liquidity and general interest in derivatives, benefiting both members and private investors," says Henrik Paulsson, President of the Derivatives Markets, HEX Integrated Markets. For further information or comments, please contact: Henrik Paulsson, President Derivatives Markets +46 8 405 7334 Anu Ilvonen, Communications Manager HEX Integrated Markets +358 9 6166 7599 Annika Molander, Communications Manager Stockholmsbörsen +46 8 405 6610 OMHEX OMHEX is a leading provider of marketplace services and solutions that help customers achieve efficient securities transactions. Within the HEX Integrated Markets division, OMHEX operates Northern Europe's largest securities market. Its exchange operations within Stockholmsbörsen, HEX Helsinki, HEX Tallinn and HEX Riga offer investors access to 80 percent of the Nordic and Baltic equity market. Through the OM Technology division, OMHEX is a world-leading provider of transaction technology, processing and outsourcing solutions to financial markets around the world. About CLICK XT/SECUR CLICK XT(TM) is the first fully integrated electronic trading system in the world to support all trading from traditional securities, derivatives, commodities and electricity contracts to cross-border trades, supporting multiple markets simultaneously on a single platform. Used by more exchanges than any other marketplace system in the world today, CLICK XT powers more than 20 exchanges in North America, Europe and Asia. SECUR(TM) is the world-class clearing solution that offers cost-efficient electronic trade management with integrated systems for clearing, margining and settlement. High performance, flexibility and scalability have made SECUR the clearing system of choice for more than 10 exchanges worldwide. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/14/20040614BIT00110/wkr0001.pdf