SINGAPORE EXCHANGE TO MIGRATE ONTO NASDAQ PLATFORM

Posted March 24, 2009

SINGAPORE and STOCKHOLM -- Singapore Exchange Limited (SGX) and the Nasdaq OMX Group Inc. have agreed to work on a migration by SGX onto Genium, Nasdaq OMX’s next-generation trading platform.

“We have a successful and long-standing relationship with Nasdaq OMX, and this agreement represents a natural extension of our partnership,” says Hsieh Fu Hua, Chief Executive Officer of SGX. “Migration to Genium for our trading solution would result in SGX having ultra-low latency and world-leading performance. This will support our initiatives to attract more high velocity and algorithmic traders, while offering our existing customers the convenience of using the same electronic interface.”

Magnus Bocker, President of Nasdaq OMX, adds, “Through joint study, SGX and Nasdaq OMX will gain the insight and knowledge necessary to successfully migrate SGX trading to our Genium platform.”