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Nordic Growth Market NGM AB: NGM Welcomes BNP Paribas As Member Of The Exchange

Date 25/01/2012

The Swedish exchange Nordic Growth Market (NGM) today announces that BNP Paribas has become a trading member of NGM. BNP Paribas is expected to commence issuance and trading of private investor products in February.

”With the ambition to be the leading Nordic exchange for private investors, the announcement of BNP Paribas as a new member is very encouraging. To welcome a large international bank such as BNP Paribas means a lot to us and we are very happy to see them as a member of the NGM exchange. This will further strengthen our offer to our clients and to the Nordic investment community. ” says Tommy Fransson, Deputy CEO NGM.

Conny Myhrberg, Head of Sales & Marketing Sweden, Exchange Traded Solutions, BNP Paribas says “Many Swedish private investors are used to trading shares and have an interest in the economy and finance.  Consequently we believe there to be demand for exchange traded securities. BNP Paribas has built a successful business in exchange traded products such as mini futures and turbo warrants in both French and German markets over the past years. Launching this activity in Sweden is viewed as a natural step and we see our membership of the NDX exchange as an important step in developing our Swedish offer.”