Norex to Deploy Common Systems In Scandinavia
EXCHANGE TECHNOLOGIES
OSLO--Norex, the alliance of four Nordic exchanges, will roll out new systems in April and May that will become common platforms for the Oslo, Stockholm, Copenhagen and Iceland exchanges.
Andres Brodin, deputy CEO of Oslo Bors, says the exchange will implement Saxess for equity and bond trading in April or May. Saxess, from Stockholm exchange parent OM, is already used by the other three exchanges.
Saxess is an open architecture system that can incorporate any Exchange Transaction Protocol (XTP)
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