Thomson Reuters Launches Elektron at NASDAQ OMX Nordic Markets
London, Stockholm – Thomson Reuters today announced the launch of Elektron at NASDAQ OMX Nordic markets. Based at the NASDAQ OMX co-location site in Sweden, Elektron will provide trading firms with ultra low latency connectivity to pan-European real-time pricing information. NASDAQ OMX will leverage a connection to the Elektron network for its new Nordic Smart Order Router service, providing their clients with routing decisions driven by high performance market data.
In addition to gaining high speed connectivity to data from the NASDAQ OMX through the Elektron network, participants will have also have access to global, cross-asset coverage for over 350 exchange and OTC markets.
Bjørn Sibbern, Senior Vice President NASDAQ OMX Nordic Equities Markets, said, “By joining the Elektron community we are able to meet our participants’ demand for the highest quality ultra low latency market data via our new Nordic order routing service. We are delighted to be working with Thomson Reuters in providing our co-location clients with a great tool for making better routing decisions for Nordic shares.”
Scott Kennedy, Head of Enterprise Real-Time Strategy and Liquidity Partnerships, Thomson Reuters, said: “As a member of the Elektron community, NASDAQ OMX clients will have fast, consistent access to high-quality market data. By working with our liquidity partners we will continue to extend the Elektron network to additional financial centers based on market demand.”
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs 55,000 people and operates in over 100 countries. For more information, go to thomsonreuters.com.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
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