Market data
Top weekly gains and losses
Cardtronics: 10.376
ICAP: -20.797

 
 
Source: OMX Nordic Exchange, 19 December 2007

OMX Nordic Exchange to introduce post trade anonymity

In May 2008, OMX Nordic Exchange will commence post trade anonymity in trading.

The Helsinki and Iceland markets will implement post trade anonymity to all

equity-related markets including First North. In Stockholm, this concerns the

five most traded shares. Following the introduction of post trade anonymity, the

member identity is removed from the market data feed and SAXESS trade ticker.

Where as OMX Nordic Exchange Helsinki and Iceland will implement post trade

anonymity in all equity-related markets including First North, the Nordic

Exchange in Stockholm will introduce post trade anonymity in the five most

traded shares, which currently are Ericsson B, Volvo B, TeliaSonera, Nordea, and

H&M B. These five shares represent 33 percent of the total turnover in Stockholm

based on turnover of individual shares in January-September 2007.

OMX Nordic Exchange in Helsinki, Iceland and Stockholm have decided to adopt

post trade anonymity following the results of extensive customer consultation

carried out by OMX in the spring of 2007. OMX Nordic Exchange will not introduce

post trade anonymity in Copenhagen based on the results of the customer

consultation.

"Anonymous post trading has proven to have positive effects on market

efficiency. Also, trade anonymity reduces market impact costs. All in all, post

trade anonymity is an important factor for the Nordic Exchange to further

attract automated trading volumes," says Jukka Ruuska, President of Nordic

Marketplaces at OMX.

Post trade anonymity is a standard in all major European and U.S. exchanges, and

its adoption is expected to further increase the efficiency of securities

trading.

 
   
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