no 13/09 NASDAQ OMX expands cooperation with Polish power exchange


Polish members can now access the global carbon market
Trading technology agreement extended

(Lysaker, 18 June 2009) The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) announces that NASDAQ OMX has expanded its cooperation with the Polish power exchange, Towarowa Giełda Energii (TGE). TGE has signed agreements for joining the NASDAQ OMX carbon market and extended its trading technology agreement with NASDAQ OMX.
   
The TGE, along with the Polish commodity clearing house (IRGiT) and NASDAQ OMX Commodities have agreed that Polish power exchange members will be provided access to NASDAQ OMX's global carbon market as non-clearing members under TGE and IRGit. This will allow them to trade European Union emission allowances (EUAs) and certified emission reductions (CERs). TGE will have responsibility for their member's trading activity in the carbon market, while IRGiT will be responsible for the clearing of carbon transactions made by TGE members. This will include collaterals, clearing and contracts delivery. The start up of the new CO2-venture will be operational as of 1 January 2010.

“Poland is influenced by the carbon market across many sectors, and we hope to increase the trading activity of the Polish companies in the global CO2 market.  These agreements will enable Polish exchange members to act in the global carbon market by using their existing trading facilities and agreements with the TGE,” said Grzegorz Onichimowski, president of the management board of TGE.

“This agreement highlights our strengthened carbon offering and increasing interest among the leading European financial companies and market places within the commodities sector,” said Fredrik Voss, vice president of business development and carbon markets. He continued: “We are very proud to welcome Towarowa Giełda Energii as a new participant in the NASDAQ OMX carbon market. NASDAQ OMX is able to provide TGE members with a broad carbon offering from EUA spot contracts to EUA and CER forwards for each year until 2014, including strips and swaps.”
In addition, TGE will extend its use of the trading system CONDICO, to be provided by NASDAQ OMX through 2014.  
Regarding the technology extension, Mr. Onichimowski commented, “We have been working with NASDAQ OMX for four years, and the extension of the CONDICO agreement is a proof point to our confidence in their world-leading technology. A technology solution that is secure and stable, built for increasing scale and speed is a prerequisite to be competitive for the future, and this is what we get as a partner with NASDAQ OMX.” 
“We are proud to be a long-standing technology partner to TGE. Our relationship has been very constructive and we look forward to supporting TGE in their future growth,” said Lars Ottersgård, senior vice president NASDAQ OMX Market Technology.

About TGE S.A. and IRGiT S.A. 
Towarowa Giełda Energii S.A. (TGE) was set up at the end of 1999. Operational activity started on the 30 June 2000 when the first transactions on the day-ahead electricity markets were done. Nowadays, TGE runs the following markets: Day Ahead Market, Forward Electricity Market, certificates market and registries and CO2 allowances (EUA) market. NASDAQ OMX provides the technology solutions for TGE. 
IRGiT S.A. was set up by TGE and The National Depository for Securities (KDPW) as a company providing clearing and settlement of the transactions made by TGE. IRGiT founding should be treated as a part of the TGE broader market strategy. This will allow TGE to extend offer by the variety of derivative products based  on instruments traded on the commodity exchange and should increase the exchange liquidity and number of the investors including the group of the brokers being active on TGE markets.

About NASDAQ OMX Commodities and Nord Pool ASA
NASDAQ OMX Commodities and Nord Pool ASA provide access to the world's largest power derivatives exchange and one of Europe's largest carbon markets. NASDAQ OMX Commodities is responsible for the international derivative and carbon products offering, and also operates the clearing business and offers consulting services to commodities markets globally. Nord Pool ASA is responsible for the exchange operations and trading activities, including ownership of the Nordic derivative products. NASDAQ OMX Commodities and Nord Pool ASA have more than 385 members from 22 countries across a wide range of energy producers and consumers, as well as financial institutions. NASDAQ OMX Commodities is an entity in the NASDAQ OMX GROUP. For more information, please visit http://www.nasdaqomx.com/commodities www.nasdaqomx.com/commodities  and http://www.nordpool.com www.nordpool.com .

About NASDAQ OMX
The NASDAQ OMX Group, Inc is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,800 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com http://www.nasdaqomx.com .

Cautionary Note Regarding Forward-Looking Statements  

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's internal reorganization, products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements. There can be no assurance that the FSA will give the NASDAQ OMX applicant the authorization and permissions which it seeks. 
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Media contacts:
 The NASDAQ OMX Group, Inc
Lars Galtung
+ 47 9821 4812
lars.galtung@nasdaqomx.com lars.galtung@nasdaqomx.com   
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