NASDAQ OMX and Infront have agreed to terms by which Infront will deliver the trading terminal for the next generation of the NASDAQ OMX trading technology known as Genium.
The new trading terminals are based on Infronts existing trading system, The Online Trader, but with extended functionality and support for the Genium platform.
“We are delighted to be working with NASDAQ OMX to meet its trading technology expectations and those of its customers. Superior transaction efficiency, intuitive user interfaces and highly flexible integration methods are key components to the successful development of our trading systems. We share these objectives with NASDAQ OMX, and have through this agreement created a solid platform for a long-term partnership,” says Kristian Nesbak, CEO, Infront.
“We are very excited about our partnership with Infront which we are confident will strengthen our trading terminal offering in this rapidly growing marketplace. Our next generation exchange platform, Genium, will benefit from Infronts experience and proven technology, allowing us to offer trading terminals that meet the needs of functionality, cost-efficiency and integration flexibility,” adds Anders Fridlund, vice president and head of Products, NASDAQ OMX Market Technology.