OMX Nordic Exchange aim to harmonise the Nordic markets and will implement round lot size one on the exchanges in Stockholm and Icelandon 2 June 2008.
Round lot one is already in use in Helsinki. In Copenhagen the decision is pending.
In Stockholm round lot one has already been implemented on submarket Exchange Traded Funds (ETF), effective from January 2008. Positive experience from OMX Nordic Exchange Helsinki supports OMX Nordic Exchange’s belief that continued implementation of round lot one will make the Nordic market more efficient.
The decision to continue implementing round lot one in Stockholm andIceland was based on the results from a member consultation and ondiscussions with investors which showed a clear support for round lotone in Stockholm and Iceland. Discussions are still ongoing in Denmark.