Helsinki, November 27, 2012 – The University of Helsinki recently announced an open position for a new professorship in Securities Market Law, which is slated to be filled on a permanent basis at the beginning of January 2013. The professorship is unique from a Nordic perspective as it combines the more traditional disciplines of company, finance, market and civil laws into a new independent discipline. The aim of this new role is to raise awareness of the European and Nordic securities market legislation. The new professorship will also provide an opportunity to emphasize Nordic approach in this field of law, including corporate governance issues.
The application period for the position ended on November 26, 2012, and the applicants are Janne Häyrynen, D. Sc. (Econ. & Bus.), LL.M.; Mårten Knuts, LL.D.; Petri Kuoppamäki, LL.D.; Olli Norros, LL.D.; Frey Nybergh, LL.D.; and Ville Pönkä, LL.D.
NASDAQ OMX Nordic Foundation donated EUR 100,000 for establishing this new professorship in Finland, and it is one of the largest donations in the history of the Foundation. NASDAQ OMX Nordic Foundation gets its funding through fines from securities market disciplinary actions imposed on listed companies or member firms. The objective of the Foundation is to promote research of the financial markets in the Nordics and to spur competitiveness and robustness of securities markets in general.
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NASDAQ OMX Nordic Foundation
The Disciplinary Committees of NASDAQ OMX Helsinki, NASDAQ OMX Copenhagen and NASDAQ OMX Stockholm may, in case of a breach by a member or a listed company, resolve to fine the member or the listed company. The paid fine is transferred to the NASDAQ OMX Nordic Foundation for the promotion of the foundation’s objective, which is to promote scientific research of the financial markets in Finland, Denmark and Sweden, providing impetus for increased competence and competitiveness for these financial markets. Three of the directors of the Foundation shall have extensive academic experience within the field of financial markets.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
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More information:
NASDAQ OMX
Maarit Bystedt
+358 (0)9 6166 7274
maarit.bystedt@nasdaqomx.com
