The Nasdaq OMX Group, Inc. today announced that customer testing is now available for its Pan-European Market, a high-volume trading market scheduled to launch in September.
Customers currently connected to Nasdaq OMX’s Nordic exchanges through the extranet called “One Access” can now access the Pan European Market through the same connection to start testing the Pan European Market through a virtual private network.
The Nasdaq OMX Pan-European Market will enable best execution in high volume securities trading in a cross-border, multi-market environment. The market, which will be the first platform to connect European liquidity pools with Pan-European routing, is scheduled to open in September. At launch it will trade approximately 300 of the most actively traded European blue chip shares.
“Our current European customers can immediately begin testing on the Pan European Market system. This is an important strategic development as we march towards our September launch,” stated Chris Concannon, executive vp, transaction services, Nasdaq OMX.
Nasdaq OMX launches participant testing of Pan-European Market
Pan-European Market to be available through existing customer access point
- By: James Langton
- June 10, 2008 June 10, 2008
- 10:35