Source: OMX
OMX, a leading expert in the exchange industry, and Nord Pool, the Nordic Power Exchange, have signed an agreement regarding support and operation of a trading system from OMX.
The agreement includes seven year support and operation of the system, which will be used for the energy derivatives market.
"Nord Pool is pleased to extend a long-lasting and constructive relationship with OMX through this agreement," said Torger Lien, President and CEO at Nord Pool ASA.
"We are very pleased that Nord Pool has chosen OMX as their technology partner. That they once again have put their trust in us shows that we are a solid partner in growth," said Markus Gerdien, President Market Technology, OMX.