Nasdaq OMX delays European platform launch

Mon Nov 16, 2009 4:35pm EST
 
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NEW YORK, Nov 16 (Reuters) - Exchange operator Nasdaq OMX (NDAQ.O) said on Monday it would delay until Feb. 8 the planned introduction of a new trading platform to its European exchanges so that brokers have more time to prepare and test the system.

The company, which runs the Nasdaq Stock Market, originally planned to migrate its Nordic and Baltic stock exchanges to the platform, called INET, over the next few weeks. Nasdaq OMX said dealers associations in the region agreed to the new timetable, the implementation of which still requires regulatory approval. (Reporting by Jonathan Spicer; Editing by Gary Hill)

 

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