NASDAQ OMX and EMCF Launch Central Counterparty Clearing in the Nordics - Important milestone in move toward competitive clearing model


Stockholm, October 9, 2009 - NASDAQ OMX Nordic, part of The NASDAQ OMX Group,
Inc. together with EMCF (European Multilateral Clearing Facility) today
launched a full central counterparty clearing (CCP) service on the NASDAQ OMX
exchanges in Copenhagen, Helsinki and Stockholm. 

Beginning today, NASDAQ OMX has introduced mandatory CCP on nine Nordic
securities; three Finnish, Swedish and Danish stocks respectively. The
introduction of central counterparty clearing in the Nordic equity markets is
part of NASDAQ OMX's strategy to increase market liquidity by building an open,
competitive CCP model in the Nordics. NASDAQ OMX Nordic and its three CCP
partners - EMCF, SIX X-clear and Euro CCP - have further agreed to achieve
competitive clearing by January 2010. 

Hans-Ole Jochumsen, President of NASDAQ OMX Nordic said, “The Nordic equity
markets have taken a quantum leap from bilateral clearing to central
counterparty clearing in record time.  In a world's first, we have accomplished
this on three markets simultaneously. This is the biggest structural change for
the Nordic equity markets since trading became electronic in the early 1990s,
and I expect the introduction of CCP to have a similar increasing effect on
volumes. The Nordic CCP solution has been designed and implemented in close
cooperation with our customers, and I would like to thank them for their
commitment and determination to accomplish the fastest CCP implementation in
history.” 

Jan Booij, Chief Executive of EMCF said, “Today's launch is a major step closer
to achieving greater market liquidity and a competitive CCP model for the
Nordic region. We are pleased to be extending our reach in this territory and
working in close collaboration with NASDAQ OMX.” 

Central Counterparty Clearing
Central counterparty clearing involves the legal transfer of obligations to a
central counterparty, which becomes the buyer to the seller and the seller to
the buyer. With the CCP counterparty risk -- or the risk that one party to a
trade suffers losses because the other party cannot fulfill its obligations --
is mitigated. Central counterparty clearing also enables netting of trades,
which provides significant cost savings from lower margin requirements, fewer
settlements, and simpler operations. 


About NASDAQ OMX: 
The NASDAQ OMX Group, Inc. is the world's largest exchange company.  It
delivers trading, exchange technology and public company services across six
continents, with over 3,700 listed companies. NASDAQ OMX offers multiple
capital raising solutions to companies around the globe, including its U.S.
listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North,
and the U.S. 144A sector.  The company offers trading across multiple asset
classes including equities, derivatives, debt, commodities, structured products
and exchange-traded funds. NASDAQ OMX technology supports the operations of
over 70 exchanges, clearing organizations and central securities depositories
in more than 50 countries.  NASDAQ OMX Nordic and NASDAQ OMX Baltic are not
legal entities but describe the common offering from NASDAQ OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow
NASDAQ OMX on   Facebook and   Twitter. 

About European Multilateral Clearing Facility:
EMCF provides competitive central counterparty clearing services for the
rapidly growing MTF market. Established in March 2007 EMCF provides CCP
services for BATS Europe, Chi-X Europe, Nasdaq OMX Europe and QUOTE MFT as well
as Nasdaq OMX Nordic. Clearing volumes exceed 1.8 million transactions per day,
representing around 26% of total European equity volumes, ranking it Europe's
second cash equities CCP. 
EMCF is the most competitive European CCP, providing tangible savings for the
industry. EMCF offers clearing participants a transparent fee schedule,
charging only a low fixed fee across markets. 

EMCF's main shareholders are Fortis Bank Nederland N.V. and Nasdaq OMX Nordic
Group Inc. The activities of EMCF are regulated by the Dutch central bank, De
Nederlandsche Bank (DNB), the Dutch Authority for the Financial Markets (AFM)
and the UK Financial Services Authority (FSA). 

Cautionary Note Regarding Forward-Looking Statements 
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements. 

- # - 

NASDAQ OMX Media Contacts:

Anna Rasin, 
+46(8)405 66 12
anna.rasin@nasdaqomx.com 

Anu Ilvonen
+358 9 6166 7206
anu.ilvonen@nasdaqomx.com

EMCF Media Contact: 

Ruth Reynolds, 
CitySavvy 
+44 (0) 7825 220 032
ruth@citysavvy.com 


NDAQG

Attachments

ccp_launch_100909.pdf