Ulf Cederin, Managing Director of NGM Holding
- "NGM and the systems supplier, Univits, have been working intensively with
Handelsbanken Securities for some time in designing a framework which meets the
needs of the derivatives market. In the prevailing market situation, it is necessary to
have high flexibility and accessibility, and to provide a high degree of service to our
members. This is the basis of the framework that we have created together with the
largest player on this segment of the market, Handelsbanken Securities.
Björn Nordstrand,Chairman of the Board of Directors of Univits International AB
-"It is with great satisfaction that I am able to state that the close co-operation that has
taken place between Handelsbanken, NGM, and Univits has now resulted in NGM
being able to launch its new marketplace, NDX. With the upgrades that are now
taking place, NGM is receiving an extremely advanced platform (Univits Tellus) for
financial trading with support for almost all existing products and markets and in
which special possibilities are opened up for various types of derivatives."
The launching of the new NDX marketplace is commencing immediately and, should
the market situation allow, listing will commence during the first quarter of 2003.
