NASDAQ OMX Nordic offers Market Access to US and Canada

21.03.2011 TLN

NASDAQ OMX Nordic (NASDAQ:NDAQ) today announced the launch of a connectivity service that enables Nordic and Baltic exchange members to send orders in US and Canadian equities to North American equity markets. Market Access – US & Canada utilizes existing technology platform and offers full liquidity of the US and Canadian home markets via one gateway.

Hans-Ole Jochumsen, President of NASDAQ OMX Nordic says, “As a leading global exchange company we are very pleased to offer our exchange members the opportunity to apply existing connectivity to further broaden their choice of investment strategies. With the Market Access – US & Canada, NASDAQ OMX Nordic is taking investors to the US and Canadian home market liquidity via a direct connection to trade in all US and Canadian equities.”

NASDAQ OMX will partner with US broker Citigroup to execute the order after the exchange member has sent the order via its existing NASDAQ OMX Nordic connection. With this innovative technical service, trading in US and Canadian equities, ADRs and ETFs will be within reach for all NASDAQ OMX Nordic and Baltic exchange members.

Read more here.