DIFX Chooses NSC, The AtosEuronext Trading Platform - The Dubai International Financial Exchange (DIFX) And AtosEuronext Have Signed A Contract To Use The AtosEuronext Electronic Trading Platform NSC In Dubai

DIFX has selected NSC, the electronic trading system of AtosEuronext, to trade equities, bonds, and other products. NSC, a powerful trading engine, processes several million orders per day and more than 1,000 orders per second for a given market segment and can handle a large number of instruments. The launch of DIFX on NSC is planned for the end of September 2005.

Other leading exchanges have already chosen NSC–for example, Euronext in Europe, the Bursa Malaysia in Asia, and the Montreal Exchange and the Boston Options Exchange in North America. AtosEuronext also has a strong presence in Middle East, with trading systems in Lebanon, Jordan, Oman, and elsewhere.

Lynton Jones, chairman of the DIFX, said: “This agreement is a big step forward. It keeps us on course to become a major new securities market for international issuers, brokers and investors and the international exchange of choice in the Middle East.

The DIFX is delighted that its technology will be supplied by such an experienced partner of proven quality. The international financial community can have confidence that the DIFX will provide a trading platform that will be efficient, reliable and user-friendly, as well as highly cost effective."

Dominique Brutin, chief executive of AtosEuronext, said: "We are very pleased to have been chosen by the DIFX to provide it with NSC, our fully electronic trading platform used in more than 15 exchanges throughout the world. AtosEuronext's unrivalled expertise will assist the DIFX in becoming a leading international financial exchange.”