OMX signs contract with Singapore Commodity Exchange to deliver new trading system


OMX has signed a contract with Singapore Commodity Exchange (SICOM) to deliver
an integrated trading and clearing system for commodity derivatives. 

Under the terms of the contract, OMX will be the system provider for the
implementation and support of SICOM's new integrated trading and clearing
system. The system, a flexible and scalable exchange platform tailored for the
commodity marketplace, is based on an open architecture with
Straight-Through-Processing (STP) capabilities. The new system is scheduled to
be operational in Q3 2008. 

This is one of SICOM's initiatives to attract more market participation and
thereby create an efficient marketplace for trading of commodity derivatives in
Singapore. The new system provides easy access for market participants; either
through their own proprietary order management system, or through a web-based
trading solution offered by SICOM. 

“We are excited to have OMX as our preferred technology partner to deliver a
new integrated trading and clearing platform for SICOM. Being an internet-based
electronic platform, it will appeal to a wider market segment, who are keen to
capitalize on the recent boom in commodity prices” said Lim How Teck, Chairman,
Singapore Commodity Exchange: “The new system enables investors to easily
access our market, and also creates a foundation for the launch of new
commodity derivatives contracts.” 

“We are proud to deliver a technology platform that represents the first
commodity exchange solution of its type to be provided by OMX in this important
region. We look forward to working with SICOM on implementing a system that we
are confident will not only grow their business, but also put them in the
technology forefront among commodity exchanges in the world,” said Markus
Gerdien, President Market Technology at OMX. 

For more information, please contact:
Carl Norell, OMX					+46 8 405 6693


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. 

Attachments

12032007_sicom_eng.pdf