Business Services Industry

OM wins system order in the US

Nordic Business Report, Jan 11, 2002

NORDIC BUSINESS REPORT-11 January 2002-OM wins system order in the US (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish trading technology provider OM has received a contract for a trade reporting facility from the National Association of Securities Dealers (NASD) in the US.

The system is to be based on OM's trading system SAXESS and will be delivered in June. It will allow NASD market makers and electronic communications networks to publish quotations for, and report trades in, listed securities.

The value of the contract has not been disclosed.

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