OMX has signed a Memorandum of Understanding with the Shenzhen Stock Exchange.
The Memorandum of Understanding includes OMX and Shenzhen Stock Exchange
cooperating through the exchange of information to develop the financial
services industry in the Nordic and Baltic region and the People's Republic of
China, respectively and to assist in the maintenance of well-functioning
securities markets.
Magnus Böcker, CEO OMX, says: ”We hope that this agreement
will enable a fruitful cooperation regarding the exchange of information from
which we can draw mutual inspiration to make further developments on our
markets.”
Shenzhen Stock Exchange first opened its doors in December 1990. In 2006,
Shenzhen Stock Exchange had over 600 listed companies and an average daily
turnover of approximately 1,753 million USD. The value of share trading
(electronic order book trades) increased 274% from 154,251 million USD in 2005
to 422,639 million USD in 2006.
For more information, please contact:
Heidi Wendt, OMX +46 8 405 72 93
About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange comprises over 800 companies including its alternative market First
North. OMX provides technology to over 60 exchanges, clearing organizations and
central securities depositories in over 50 countries. The Nordic Exchange is not
a legal entity but describes the common offering from OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a Nordic
Large Cap company in the Financials sector on the OMX Nordic Exchange. For more
information, please visit www.omxgroup.com.
