The number of remote member firms on the equity market now totals 18 out of a total of 43 member firms. The remote members’ market share has increased significantly in recent years and has reached 28 percent in the first four months of this year.
Deputy President of OMX Exchanges Hans-Ole Jochumsen says, “It’s a great pleasure to welcome Cube Financial as a member of the Copenhagen Stock Exchange. Cube has been a member of the Stockholm Stock Exchange since February 2004 and is now also joining the Helsinki Stock Exchange. We find it very positive that Cube by this step puts more focus on the equity markets within the OMX Exchanges.”
John Ruskin, CEO of Cube, says, “We are delighted to be able to continue our expansion into the Nordic markets through these additional memberships of the OMX Exchanges.”
Cube Financial has applied for membership of the Copenhagen Stock Exchange, Helsinki Stock Exchange and Oslo Børs simultaneously. By joining the Copenhagen Stock Exchange as well as the Helsinki Stock Exchange, Cube Financial improves its presence on OMX Exchanges and is then directly active on the three largest equity markets within OMX Exchanges as they are already a member of the Stockholm Stock Exchange. Cube is also a member of other European exchanges.
