The Nordic Exchange reduces fees on trade reporting

As of April 2, 2007, the OMX Nordic Exchange will reduce its fees related to cash equity trades reported to the Stockholm, Copenhagen and Helsinki Stock Exchanges. The fees for trade reporting will be harmonized and reduced by approximately 50 percent.

Based on trading revenues during the last 12 months until September 2006, the fee reduction would have had a negative effect on OMX revenues with approximately SEK 50 million on a yearly basis.

“The creation of the Nordic Exchange has improved efficiency and we want to ensure that the benefits of the Nordic harmonization and our market leading technology are shared with our customers. The fee reduction is a first step in introducing products for trade reporting for Markets in Financial Instruments Directive (MiFID), the EU-regulations that will be introduced next year as part of the development of the European financial market. Next step for OMX trade reporting offering is to extend it to securities from all over the European Union and further simplify our reporting facility”, said Jukka Ruuska, President OMX Nordic Exchange.


For more information, please contact

Ulrika Areskog, OMX
+46 (0)8 405 63 76