NASDAQ OMX Successfully Launches Bond Trading on Genium INET Across Five Nordic and Baltic Markets

21.06.2011 RIG

Riga, Latvia, June 21, 2011 – The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) reports today that it has successfully rolled out bond trading on Genium INET for five of its Nordic and Baltic markets. From today forward, all NASDAQ OMX Nordic and Baltic fixed income activities will take place on one unified platform. Bond trading of over 5,000 listed bonds on the fixed income markets in Denmark, Sweden, Finland, Latvia and Lithuania will join Iceland in trading on INET. 

NASDAQ OMX is the central marketplace for fixed income activities in the Nordic and Baltic region. With over 5,000 listed bonds on the fixed income markets in Denmark, Finland, Iceland, Sweden, Latvia and Lithuania, NASDAQ OMX is the third largest bond market in Europe offering both retail and institutional bond segments. NASDAQ OMX Nordic and Baltic fixed income services include listing, trading, clearing and fixings.

Genium INET is a comprehensive multi-asset trading system with record-breaking performance, high reliability and operating capacity. Genium INET and its foundation, INET technology, deliver orders in sub-100 microsecond latency with throughput capacity of over 1,000,000 messages per second.

Hans-Ole Jochumsen, President of NASDAQ OMX Nordic, said, “Today NASDAQ OMX delivers another important step on our roadmap to strengthen the Nordic and Baltic financial markets. With the Genium INET launch, we achieve lower latency, higher capacity and IT efficiencies for our fixed income markets. The migration also means that all NASDAQ OMX Nordic and Baltic cash and derivatives trading of equities and our fixed income activities now take place on INET technology.”

Anna Ewing, Chief Information Officer of NASDAQ OMX, said, “NASDAQ OMX is relentlessly committed to deliver on technology innovation to provide the best possible trading experience for customers and investors worldwide. The launch of Nordic and Baltic bond trading on Genium INET is further proof of our ability to power the trade of anything, anywhere on the planet.”

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).

CONTACTS:

Martin Hedensiö
+46 8 405 62 54
martin.hedensio@nasdaqomx.com

 

Tradable Assets

Shares
Bonds
Funds

Market information

Statistics
Trading
Indexes
Auctions

Market Regulation

Rules and Regulations
Surveillance

Get Started

For Companies
For Investors
For Brokers/Members
For First North Advisers

News

Nasdaq News
Issuer News
Calendar

About Us

Nasdaq Baltic Market
Offices