OMX, as part of Nordic exchange, will launch new Nordic real-time information products, which will allow the vendors of market information to private investors get real-time prices from the OMX exchanges in Copenhagen, Stockholm and Helsinki at the lowest prices in Europe.
The change will be implemented in connection with the Nordic list which is launched on October 2.
“In general, OMX changes the offering of information products from being based on the activity on each exchange to covering our Nordic exchanges in Copenhagen, Stockholm and Helsinki,” said Jukka Ruuska, President Nordic Marketplaces, OMX. “We are going to launch the new products in connection with the launch of Nordic list on October 2 so that private investors already from the beginning will get access to real-time prices for all the companies on the Nordic list.”
The price of 1 euro per month is paid by the market information vendors in royalty to OMX for each private end customer. The information covers prices on shares and bonds and company information from companies listed on the OMX exchanges in Copenhagen, Stockholm and Helsinki. Real-time information on derivatives will also be available for only 1 euro per month.
OMX will also offer its members special real-time products like “snapshot” prices to be used for exchange trading via the internet banks aimed at private customers.
The new product structure is not expected to have a significant impact on earnings and the financial results in OMX in the short term.