The Nordic Exchange in Stockholm and Iceland to implement Round Lot One on June 2, 2008

OMX Nordic Exchange aim to further harmonize the Nordic markets and will implement round lot size one on the exchanges in Stockholm and Iceland. Round lot one is already in effect in Helsinki. In Copenhagen the decision is pending. 

Please note that in Stockholm round lot one has already been implemented on submarket Exchange Traded Funds (ETF), effective from January 2008.

Experience from OMX Nordic Exchange Helsinki, where round lot one was implemented on all equity related markets in 2006, has been positive. It supports OMX Nordic Exchange’s belief that continued implementation of round lot one will make the Nordic market more efficient.

The decision to continue implementing round lot one in Stockholm and Iceland was based on the results from a member consultation and on discussions with investors which showed a clear support for round lot one in Stockholm and Iceland. Discussions are still ongoing in Denmark.