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Commencing November 17 of this year, Elasticia, which is owned and operated by NGM, will become AktieTorget’s new trading system. Consequently, all trading at NGM and AktieTorget will take place in the same trading system. The trading system Elasticia was developed by NGM and was launched during the fall of 2010.
“Our trading system has been exceptionally robust and reliable since launch. We have introduced innovative functions in the trading system which is now market practice. Some of the leading market makers in Europe have selected us and praised our trading system. The fact that a market operator now selects our trading system is an additional sign that NGM delivers top quality services. Our offering to our members becomes even stronger, with approximately 200 listed companies and 12,000 other securities. It is with great pleasure and confidence that we now enter into this cooperation with AktieTorget”, says Tommy Fransson, deputy CEO of NGM.
“The shift brings along several advantages for AktieTorget’s customers. The system will enable us to introduce changes in order to meet demand from the market. It will also become easier to enhance our offer to new and existing companies, in the long term for example by enabling trading in additional Nordic currencies. In addition, it will create a better platform for cooperation regarding MiFID II. Neither our investors, our listed companies, nor our partners will notice any changes when the shift takes place in November – that was important to us in our selection of trading system” says Peter Gönczi, CEO of AktieTorget.
Members and integrators will be notified separately and information is also available at www.ngm.se/for-medlemmar/.
