Stockholm, August 28, 2010 - Following the Swedish FSA's decision to revoke HQ
Bank's trading and banking license, NASDAQ OMX has decided to suspend HQ Bank's
equity trading membership with NASDAQ OMX Stockholm AB, NASDAQ OMX Copenhagen
A/S and NASDAQ OMX Helsinki Oy as well their derivatives trading and clearing
membership with NASDAQ OMX Stockholm AB. The FSA's decision to revoke HQ Bank's
licenses means that HQ Bank no longer fulfils the member criteria.
NASDAQ OMX will, in cooperation with HQ Bank, ensure an orderly wind down of their exchange-related operations in an expedient manner.
About NASDAQ OMX The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
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CONTACTS: The NASDAQ OMX Group, Inc.
Anna Rasin +46 8 405 66 12 anna.rasin@nasdaqomx.com
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=317258
NASDAQ OMX will, in cooperation with HQ Bank, ensure an orderly wind down of their exchange-related operations in an expedient manner.
About NASDAQ OMX The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
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CONTACTS: The NASDAQ OMX Group, Inc.
Anna Rasin +46 8 405 66 12 anna.rasin@nasdaqomx.com
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=317258