Nasdaq Commodities is dedicated to providing customers with multiple access possibilities to our markets via state-of-the-art software tools delivered by leading Independent Software Vendors (ISVs). Nasdaq Commodities is pleased to announce the launch of a joint initiative with Trading Technologies to provide customers direct exchange access using the TT SaaS solution. Simultaneously, the Nasdaq Commodities WebTrade solution will be terminated and customers will be offered the opportunity to migrate to the TT trading screen.
TT is an industry leading ISV, and its next-generation trading platform gives traders access to all Nasdaq Commodities markets in the same way as the current solutions, plus the addition of mobile screen capabilities. Thus, the TT solution gives traders functionality to manage orders or to register trades for clearing from virtually any internet-connected computer or mobile device.
Current Nasdaq WebTrade users will be migrated over to the web-based TT platform or the Nasdaq Trading Workstation by no later than May 2, 2016. Customers will be contacted to outline individual migration plans.
The pricing of the TT platform will remain the same level as the current WebTrade and Trading Workstation fees, providing users a bundled service including direct exchange access and market data.
The TT platform is available to our clients effective immediately. Please do not hesitate to reach out to your key account manager or the exchange for support to setup the new TT solution, or to receive further information regarding our ISV offering.
Please see the earlier correspondence:
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=664105&lang=en
For further information, please contact Nasdaq Commodities:
Exchange/Marketplace, phone +47 6752 8037, desken@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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