NASDAQ OMX EUROPE MTF LAUNCHES

Posted September 26, 2008

LONDON – Nasdaq OMX Europe has launched trading on its multi-lateral trading facility (MTF) with 25 FTSE 100 stocks, to be followed by a planned staggered roll-out of about 600 European securities through the end of October.

“We are delighted to deliver our platform on plan within the aggressive timeframe we established,” says Charlotte Crosswell, President of Nasdaq OMX Europe. “We are looking forward to delivering a better trading experience to investors as securities trading moves towards higher volumes executed at faster speeds. With our unique order routing capability, not offered by any other MTF, we have the capability to revolutionize the trading environment in Europe.”

With the MTF launch, Nasdaq OMX has also launched the Nasdaq OMX Europe Index (NEUX), a market-capitalized weighted index designed to track the companies traded on the Nasdaq OMX Europe marketplace. NEUX began at a value of 1,500 euros and will be updated every 15 seconds.

“We are excited to offer our clients access to Nasdaq OMX Europe and to be amongst the very first participants to trade on the platform,” says Naseer Al-Khudairi, Co-Head of Cash Trading at Credit Suisse. “By adding Nasdaq OMX Europe as yet another destination to our smart order router, AES Pathfinder, we will be able to deliver further improvements to our clients’ execution performance. Ultimately, our aim is to achieve the best possible execution for our clients through accessing multiple pools of liquidity in the most intelligent manner.”