- OMX strengthens the Nordic capital market - reduces fees on equity trading


OMX will strengthen the competitiveness of the Nordic capital market and the
Nordic Exchange by reducing its cash equity trading fees. As of January 1,
2008, the fees for cash equity trading will be reduced by 20 percent on average
in Stockholm, Copenhagen and Helsinki. The changes in the fee structure are
introduced in order to further increase liquidity and boost trading on the
Nordic Exchange. 

OMX has created the Nordic Exchange - one of the most efficient exchanges in
the world. As a result of this, OMX will now lower the cash equity trading fees
on the Nordic Exchange to make the Nordic capital market even more appealing
for investors from all over the world. Comparisons show that the equity trading
fees will be very competitive in a European perspective. The fee reduction is
furthermore a step in the harmonization of the Nordic Exchange's offering. In
order to stimulate new trading behavior, i.e. algorithmic or programmed
trading, OMX will also do structural changes in the price list. Moreover, the
trading fees for some of the Nordic Exchange's most attractive and traded
shares will be reduced. 

“OMX Nordic Exchange will strengthen the Nordic capital market and harmonize
the exchange's offer to customers further, by reducing the fees of cash equity
trading by 20 percent on average. We will also make the exchange even more
competitive through an attractive tender to encourage the new trading behavior,
such as algorithmic trading. The changes in the price list are expected to
increase trading on the Nordic Exchange,” says Jukka Ruuska, President Nordic
Marketplaces. 

The Nordic Exchange has already reduced the fees of trade reporting for
off-exchange trading with 75 percent and will now also reduce the on-exchange
trading fees. An average equity trade at the Nordic Exchange is SEK 213,000 and
the averaged cost of that trade will change from SEK 9.8 to 7.8, after the
fee-change. The fee list will be open and transparent to all customers, without
exceptions. 

The OMX Nordic Exchange will reduce its equity trading fees as of January 1,
2008. Without considering any dynamic effects due to increased trading, the fee
reduction would have had a negative effect on OMX revenues with approximately
SEK 200 million on a yearly basis, based on the estimated cash equity trading
activity during 2007. 

For more information, please contact
Jonas Rodny, OMX						
+46 (0)8 405 72 67

About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange comprises over 800 companies including its alternative market First
North. OMX provides technology to over 60 exchanges, clearing organizations and
central securities depositories in over 50 countries. The Nordic Exchange is
not a legal entity but describes the common offering from OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a
Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange.
For more information, please visit www.omxgroup.com.