NASDAQ OMX, the Danish Securities Dealers Association, the Federation of Finnish Financial Services and the Swedish Securities Dealers Association, have together agreed on an updated timetable for the migration to a new trading platform on the NASDAQ OMX exchanges in Copenhagen, Helsinki, Iceland, Riga, Stockholm, Tallinn and Vilnius.
Based on the updated timetable, the new trading platform, INET, will be introduced on February 8, 2010 on the NASDAQ OMX exchanges in Copenhagen, Helsinki, Iceland, Riga, Stockholm, Tallinn and Vilnius. The original migration was scheduled for November 30, 2009 in Tallinn, Riga, Vilnius and Iceland and on December 7, 2009 in Copenhagen, Helsinki and Stockholm.
The joint decision between NASDAQ OMX and the Nordic Securities Dealers Associations about the new timetable has been taken in order to ensure readiness and ample time for system testing among market participants in all seven countries, and thus safeguard a secure and seamless transition to the new trading platform.
The implementation is subject to necessary regulatory consent or approval.