Swedish Financial Markets Advisory Committee Sees Benefits from OMX Sale

The Swedish Financial Markets Advisory Committee said today that they saw benefits to the Swedish marketplace from a planned sale of OMX to Borse Dubai as part of a deal with Nasdaq.

In today's announcement, Kerstin Hessius, Chair of the Financial Markets Advisory Committee said that "A stock market covering three continents, with business in Europe, the United States and the Middle East appears to be a good alternative for OMX and the Swedish financial market".

“We believe that Nasdaq OMX will be better able to retain and improve liquidity, turnover, and placements in the Nordic region than OMX could achieve on its own, considering the stronger brand and increased capacity for innovation.”