Nasdaq OMX Clearing, the multi-asset clearing house based in Stockholm, today announced that the Swedish FSA (SFSA) has approved the application as a central counterparty under the European Market Infrastructure Regulation (EMIR).
High frequency trading does not pose a significant threat to financial stability in Sweden but does raise the spectre of market abuse, according to the country's regulator.
Nasdaq OMX (NASDAQ:NDAQ) announced today that the Swedish Financial Supervisory Authority (FI) has signed on as a customer for its GlobeNewswire news distribution service.
In connection with Orc Software AB's (publ) ("ORC") public takeover offer to the shareholders in Neonet AB (publ) ("Neonet"), an approval from the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) is required, since one of Neonet's subsidiaries, Neonet Securities AB, is a so called securities company.
OMX Nordic Exchange Stockholm AB (OMX STO) is the central marketplace for trading in, among other things, equities, fixed income securities and derivatives instruments in Sweden.
Nasdaq meets the requirements that are placed on an owner of a qualifying holding in OMX.
Sweden's Financial Supervisory Authority (FSA) will not take any action against Borse Dubai, despite concluding that the exchange broke the law when it announced the purchase of a 28.4% stake in OMX.
The answer from Borse Dubai Limited To The Swedish Financial Supervisory Authority, Finansinspektionen.
© Finextra Research 2019