Magnus Billing, President Of NASDAQ OMX Stockholm, Elected Member Of The FESE Board

NASDAQ OMX (NASDAQ: NDAQ) announces that Magnus Billing, President of NASDAQ OMX Stockholm, has been elected member of the board of the Federation of European Securities Exchanges (‘FESE’) for a period of three years.

"It is an honor to have been elected to the FESE board," said Magnus Billing, President of NASDAQ OMX Stockholm.

"I would especially like to focus on ensuring that European action and legislation support the exchanges´ role in financing of the economy and the finalization of the negotiations of the MIFID II. I greatly appreciate FESE’s dedication to the financial services industry and commitment to developing fair, transparent and open markets.”

During the General Assembly of FESE Hans-Ole Jochumsen, President of NASDAQ OMX Nordic and Executive Vice President of NASDAQ OMX Group, stepped down as President of FESE after having served a statutory term of three years.