Stockholm/Oslo, September 6, 2012 — For the last two consecutive days NASDAQ OMX Nordic have reached new all time high market shares in the Norwegian market. Yesterday NASDAQ OMX had 14,55 % market share of lit orderbook trading turnover in the OBX shares, and on Tuesday September 4 the market share was 13.60%. Thereby NASDAQ OMX was the largest alternative venue for Norwegian shares.
NASDAQ OMX Stockholm AB offers trading in the 34 most liquid Norwegian shares listed at Oslo Børs, including all OBX index shares, with low transaction and settlement costs.
“Our market continues to offer tight spreads, which are often better than the primary market, as well as offering additional liquidity at EBBO (European best bid and offer). We foresee further improvement in market shares when we as of October 1st offer access to all shares listed on Oslo Børs, via our product Nordic Order Routing“, Pål Sætre, Head of Norwegian equities and derivatives at NASDAQ OMX Nordic, commented.
On September 5, NASDAQ OMX had the following lit market share in the most liquid shares:
1. Statoil: 21.81%
2. Yara: 19.95%
3. Seadrill: 21.96%
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About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to 3,400 listed companies worth $5.1 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. 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.
To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
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 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.
Media contact:
Martin Hedensiö
+46 8 405 62 54
martin.hedensio@nasdaqomx.com
Sara Aadnesen
+47 6752 8080
sara.aadnesen@nasdaqomx.com
