NASDAQ OMX Nordic Creates All-Asset Platform
NASDAQ OMX Nordic has completed the creation of an all-asset, cross-market technology platform through the launch of commodities on the Genium INET platform.
All asset classes from all eight markets in Sweden, Finland, Denmark, Norway, Iceland, Lithuania, Latvia and Estonia are now tradable on the shared platform.
"This marks a true milestone in NASDAQ OMX's history as we complete the pioneering technology roadmap that was initiated in 2008," says Hans-Ole Jochumsen, President of NASDAQ OMX Nordic.
"The successful commodities launch on Genium INET allows our members to trade a comprehensive portfolio of power, carbon and gas products on the same best-in-class technology platform as we use for all other Nordic and Baltic products.
"Moreover, now customers can leverage clearing synergies through our Genium INET clearing platform by using NASDAQ OMX's clearing house for commodities, fixed income and cash derivatives."
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