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NGM Launch NDX Norway

Date 29/10/2009

Today, October 29, the first instrument is listed on the new market NDX Norway.

”We won´´´ t initially offer a complete distribution, but we see this as the first step in establishing NDX in Norway. The first instrument listed at NDX Norway are sold by Oak Capital, who since some time already are active at NDX Sweden.”, says Tommy Fransson, Head of Nordic Derivatives eXchange – NDX.

“We started NDX Sweden 2003, and we offer listing at NDX Finland since 2007. With the start of NDX Norway we are approaching our ambition to be able to offer issuer a Nordic listing platform.”, continues Tommy Fransson. “Oak Capital has worked closely with NDX the past few years. It is impressive to see what they have achieved. By offering a straight-forward and affordable listing process for derivatives, NDX has set the scene for remarkably improved liquidity and transparence in the secondary market. In addition, NDX has made strong educational efforts to enhance the general knowledge of derivatives-based investments. We are very happy that NDX now brings the same pioneering initiative to the Norwegian market. Norway has always been an important market for Oak Capital. An integral part of our work there has been education. Over the years we have taught numerous Norwegian investors about the use of derivatives in a modern portfolio. We value the support that NDX will now lend to this process.”, says Mikael Axelsson, CEO Oak Capital.