Iceland Stock Exchange: SAXESS Release Delayed.

Iceland Stock Exchange has decided to postpone the production start of SAXESS 2.1-release for one week. The release will not be on Monday 23 October as planned, but will take place on 30 October. The reason for this delay is that a significant number of ICEX Members could not complete their testing of back office applications that connect to the trading system.

ICEX emphasises that both the Exchange and OM Technology, the supplier of the SAXESS trading system, are ready to start according to the original plan. ICEX regrets any inconvenience this delay may cause other parties concerned.