The PowerCLICK™ from OM has proved itself as a userfriendly and reliable system that Nord Pool will continue to build upon. Further development of our electronic trading system for the financial market is an important prerequisite for the coming expansion of the electricity exchange, said Torger Lien, CEO and President at Nord Pool. Ever since the start, Nord Pool has been a successful electricity exchange. We are very happy to see Nord Pool's continued faith in OM, which also strengthens our position as a global provider of technology for energy markets, said Magnus Böcker, COO at OM.
Nord Pool -- The Nordic Power Exchange -- is the world's first international commodity Exchange for electrical power. Nord Pool organize trade in standardised physical and financial contracts including clearing services to Nordic participants, and provides customer-support in Sweden, Finland, Norway, Denmark and other European countries. Being the Nordic Power Exchange, Nord Pool plays a keyrole as part of the infrastructure of the Nordic electricity power market and thereby provide an efficient, publicly known price on electricity, both in the spot and the future/forward market.
OM is a world leading provider of transaction technology to the financial services and energy industries. Developing and marketing IT solutions that boost the efficiency of markets worldwide, OM has over 100 customers in 20 countries. OM also owns and operates exchanges and clearing organizations and has operations in 10 countries. OM is listed on Stockholmsbörsen. For more information, please visit www.om.om.
