NASDAQ OMX Expands Nordic Product Portfolio to Include Norwegian Derivatives

Launch of New Tradable Index Based on Oslo Børs-listed Shares

NASDAQ OMX Nordic, part of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today Sept. 10 announced it will launch a new portfolio of Norwegian derivatives products available for trading on September 14. At launch, the offering will include 15 Norwegian single-stock derivatives, as well as contracts based on a new NASDAQ OMX index, OMXO20 (OMX Oslo 20) which includes the 20 most traded shares on Oslo Børs.

Effective as of December 19, Oslo Børs will exit the agreement which currently allows its members access to NASDAQ OMX Nordic derivatives, and equally members of NASDAQ OMX Nordic access to Oslo Børs-listed derivatives. NASDAQ OMX’s new Norwegian derivatives portfolio enables its existing members to continue trading in Norwegian derivatives via one pan-Nordic trading platform.

Hans-Ole Jochumsen (photo), President NASDAQ OMX Nordic said, “Our Norwegian derivatives offering is in response to customer demand and part of our strategy to continually improve our Nordic offering. Earlier this year we launched trading in Norwegian equities, and it made sense to expand our offering with Norwegian derivatives. The contracts will be traded on the same liquid market as other prominent Nordic derivatives, including OMXS30 which today is one of the most traded indexes in Europe.”

Magdalena Hartman, Vice President NASDAQ OMX Global Index Group commented, “Our development of the OMX Oslo 20 index matches i vestor demand and it is an excellent complement to our global index portfolio. The index allows investors to efficiently track the performance of the Norwegian market at low transaction costs.”

The new OMXO20 index is composed of the 20 most traded stocks on Oslo Børs and dates back to January 2007. Calculation of the OMXO20 begin on September 1.

The index is designed to track the Norwegian stock market and act as an underlying for options and futures. OMXO20 is re-ranked semi-annually in January and July. The OMXO20 constituents effective September 1st are: Acergy, Petroleum Geo-Services, Aker Solutions, Royal Caribbean Cruises, DnB NOR, Renewable Energy Corporation, DNO International, Seadrill, Fred. Olsen Energy, Storebrand, Frontline, StatoilHydro, Golden Ocean Group, Subsea 7, Marine Harvest, Tandberg, Norsk Hydro, Telenor, Orkla and Yara International.

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