Milan, 25 September 2008 - IWBank S.p.A., a bank that specialises in on-line
financial and banking services, will be the first Italian bank to offer its
customers the chance to trade on NASDAQ OMX Europe, a market for leading
European blue chips.
“This new agreement - commented Pasquale Casale, IWBank's CEO - will offer our
customers additional advantages in terms of cost and will help give them a wider
choice of access to European stock markets.”
Commenting on the announcement, Charlotte Crosswell, President at Nasdaq OMX
Europe said, “We are delighted that IWBank will connect to NASDAQ OMX Europe and
give Italian investors a better experience of trading European blue chip stocks.
We are confident that access to our liquidity pool will offer price improvement
opportunities for IWBank's client base.”
The trading service will commence for IWBank's customers during the coming weeks
after the opening of NASDAQ OMX Europe, which is scheduled for Friday, 26
September.
For further information: www.iwbank.it
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IWBank S.p.A.
IWBank (www.iwbank.it) commenced operations in 1999, specialising in on-line
financial and banking services. The range of products and services that it
offers includes trading in financial instruments, placing mutual funds, current
accounts, issuing credit and charge cards, electronic money, insurance policies,
personal loans and mortgages.
The Bank's shares have been listed on the Expandi Market, run by Borsa Italiana,
since May 2007.
ABOUT NASDAQ OMX EUROPE
NASDAQ OMX Europe is the first platform to connect European liquidity pools with
Pan-European routing. Following the complete roll-out, NASDAQ OMX Europe will
trade approximately 600 securities including constituents of the main European
indices, ETFs and other highly liquid securities. For more information about
NASDAQ OMX Europe, visit www.nasdaqomxeurope.com.
ABOUT NASDAQ OMX GROUP
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) 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.
For further information
IWBank S.p.A.
Maria Foti, Vincenzo Tedeschi
Email: ufficio.stampa@iwbank.it
For press information
Image Building
Simona Raffaelli, Nicole Zancanella, Emanuela Borromeo
Email: iwbank@imagebuilding.it
Ph.: +39 02 89011300
NASDAQ OMX Europe
Jonas Rodny
Email: jonas.rodny@nasdaqomx.com
Ph.: +46 8 405 72 67
A copy of this press release is available on the Bank's website: www.iwbank.it
