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FTSE Mondo Visione Exchanges Index:

New Version Of The Copenhagen Stock Exchange's Saxess Trading System

Date 03/04/2001

On 6 June 2001, a new version of the SAXESS trading system, version 3.0, will be launched. The modifications of this version have been implemented in accordance with the requests of our customers and are a further improvement of the functionality in SAXESS. The modifications only result in minor changes in the information of the Exchange's C subscription.

With version 3.0 of SAXESS a number of changes will be introduced in the internal system design and a new functionality will be added to the part of the system that is used by the members which are linked up. In future, SAXESS will be divided into a number of partitions that may be operated separately. The most important changes relate to decentralised submission of transactions in connection with cancellation of reported trades and the introduction of decimals in the volume fields of orders and transactions. The latter will be used in connection with trading in Danish bonds.