Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

All Eight NOREX Alliance Partners Now On SAXESS

Date 30/05/2005

Vilnius Stock Exchange today successfully launched the common Nordic Baltic trading platform SAXESS for trading on the cash markets. SAXESS and the common NOREX Member Rules are now in use in all the Nordic and Baltic marketplaces: Copenhagen, Oslo, Iceland, Stockholm, Helsinki, Tallinn, Riga and Vilnius.

The objective of the NOREX Alliance is to create a joint, fully integrated marketplace for financial instruments, generating benefits for customers, including increased liquidity, more efficient member access, a broader service range and lower costs when connecting to Nordic markets.

NOREX was the first stock exchange alliance in the world to implement a common system for share trading and to harmonise the trading and membership rules and regulations for exchanges in different countries, and the NOREX vision has now become a reality as Vilnius was the last alliance partner to join the SAXESS platform.