New Forward on Danish Mortgage Bonds to be Traded on the Nordic Exchange


New Forward on Danish Mortgage Bonds to be Traded on the Nordic Exchange


Copenhagen, August 28, 2008 — The Nordic Exchange, operated by the NASDAQ OMX
Group, Inc. (NASDAQ: NDAQ) announces that a new forward on Danish mortgage
bonds will be admitted to trading on the Nordic Exchange Copenhagen on
September 1. 

The forward is established in cooperation between NASDAQ OMX and the Danish
Securities Dealers Association. It is a new instrument, which will make the
underlying mortgage bonds even more interesting for the investors. There has
been a widespread approval of the initiative among the members of the Danish
Securities Dealers Association. Therefore the forward will be part of the
association's market maker solution for mortgage bonds already from the day of
admittance, so that the investors are secured liquidity in a similar way as for
the underlying mortgage bonds. 


Nicolai Wallin Pedersen, Head of Fixed Income Denmark, NASDAQ OMX Group,
commented: “This instrument adds a new dimension to the many investment
opportunities already available on the Danish mortgage bonds market. NASDAQ OMX
will continue to focus on the strengthening of the fixed income market and
continue to create better solutions and greater efficiency”. 

Senior Vice President in Danske Bank, Jan Heindorff says: ”There is a need for
the new product and it can help keep and further develop the liquidity in the
Danish mortgage bond market. At the same time a forward in a basket of selected
mortgage bonds will help give the different market participants a better chance
to control their total risk in the mortgage bond segment. To create a bond
futures product in a bond segment requires a large circulating amount of
underlying collateral. This is in particular relevant for the new forward,
where the collateral group is more than 250 bn. DKK in circulating amount. From
the dealers point of view we have chosen to list the forward on NASDAQ OMX
Nordic Exchange in order to create openness concerning the pricing of the
product." 

The forward consist of a basket of underlying instruments issued by Nykredit
Realkredit, Totalkredit, Realkredit Danmark and Nordea Kredit. The unit bonds
are included in the forward in the following proportions (shown in brackets):
5% 2035 (33 %), 5% 2038 (33 %) and 5% 2038 IO (34 %). At expiration it is
possible to choose bonds freely among the individual bond issuers within each
unit bond. 

The Nordic Exchange will provide full transparency for executed trades for the
benefit of market participants and investors. All trades executed by the market
makers are published via the NASDAQ OMX data feed, as the trading in the
underlying mortgage bonds.
http://www.omxnordicexchange.com/products/fixedincomemarket/overviewdenmark/ 


The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
and with over 3,900 companies, it is number one in worldwide listings among
major markets.  NASDAQ OMX offers multiple capital raising solutions to
companies around the globe, including its U.S. listings market; the OMX Nordic
Exchange, including First North; and the 144A PORTAL Market. The company offers
trading across multiple asset classes including equities, derivatives, debt,
commodities, structured products and ETFs. NASDAQ OMX technology supports the
operations of over 60 exchanges, clearing organizations and central securities
depositories in more than 50 countries. OMX Nordic Exchange is not a legal
entity but describes the common offering from Nasdaq OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit www.nasdaqomx.com. 

About OMX Nordic Exchange | OMX Nordic Exchange serves as a central gateway to
the Nordic and Baltic financial markets, offering listing and trading services
for among others; issuers, bank and brokers and market data vendors. The Nordic
Exchange comprises over 850 companies including its alternative market First
North and offers trading in equities, derivatives, fixed income and more. The
Nordic Exchange is not a legal entity but describes the common offering from
Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius. For more information, please visit www.omxgroup.com. 

CONTACTS:  

The NASDAQ OMX Group, Inc.
Camilla Rich
+ 45 33 77 04 32
camilla.rich@nasdaqomx.com


The Danish Securities Dealers Association 
Christine Habel 
+ 45 33 70 10 91 
ceh@dbmf.dk 

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Attachments

20080828_mortgage bond forward_pr_eng.pdf