Today, OMX the Nordic Exchange welcomes 170 new sub-funds of Danish investment associations. As a result of the extended cooperation between the Nordic Exchange and the Federation of Danish Investment Associations certificates from more than 400 sub-funds can be traded via the Nordic Exchange. ”It is truly a landmark day in Denmark, where we have now concentrated trading in more than 400 sub-funds on one publicly accessible marketplace. This means that investors will have direct access to trade all Danish investment associations on the Nordic Exchange at the same transparent trading terms as are known from trading in shares”, says President Jan Ovesen, the Nordic Exchange in Copenhagen. The Nordic Exchange's new set-up for trading in investment certificates has been developed in cooperation with the Federation of Danish Investment Associations and FundCollect. Investors will be able to enter orders directly in the trading system and have a better overview as the sub-funds are now concentrated on one publicly accessible marketplace. Trading in the marketplace opens the way for narrower spreads, assures the quality of net asset values and transparency between net asset value and transaction prices. Carsten Koch, chairman of the Federation of Danish Investment Associations and CEO of Danske Invest and BG Invest, says, ”We are very proud to have created a set-up which ensures the continued development of trading in investment certificates so that the individual members of the investment associations are guaranteed the best possible trading terms at transparent prices. OMX, the Federation of Danish Investment Associations and FundCollect have designed a solution which meets future requirements on the basis of the existing building blocks and a very smooth Danish infrastructure. The market for investment associations is unique in an international context - and Denmark is light years ahead of other countries.” On trading days, the investment certificates can be traded from 9:30 to 17:00. Ellen-Margrethe Soelberg, Communications Manager +45 33 77 04 30 About OMX | OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange, Copenhagen Stock Exchange, Stockholm Stock Exchange, Iceland Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. OMX integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financial sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com
OMX the Nordic Exchange welcomes 170 new sub-funds of Danish investment associations
| Source: Nasdaq Copenhagen A/S