HSBC today expands its membership of the OMX-owned Nordic Exchange to include the Copenhagen and Helsinki equity markets as well as Stockholm.
“International interest in OMX’s Nordic marketplaces has increased in recent years, and we expect that even more internationally oriented investors will be present on the Nordic Exchange and thus improve liquidity,” says Jukka Ruuska, President of the Nordic Marketplaces at OMX. “Therefore, it is a pleasure to welcome a new international member like HSBC.”
The OMX Nordic Exchange Membership allows members operating in one exchange to trade also on the other two exchanges without any additional annual or monthly fixed fees. With one exchange membership, a member can operate more seamlessly across the Nordic borders, says OMX.
“The provision of market access to our clients is a key goal of HSBC Global Equities,” says Kevin Bourne, Global Head of Execution Trading at HSBC. “We are very pleased to extend our membership to cover the exchanges in Copenhagen and Helsinki.”
OMX has altogether 150 members (excluding 94 members that are members of more than one exchange) of which Stockholm Stock Exchange has 86 members, Helsinki Stock Exchange 49 members, Copenhagen Stock Exchange 49 members, Tallinn Stock Exchange 18 members, Riga Stock Exchange 17 members and Vilnius Stock Exchange 25 members.