STOCKHOLM, Sweden, Aug. 23, 2005 (PRIMEZONE) -- In consultation with CTT Systems AB, the Stockholm Stock Exchange decided yesterday to suspend trading in CTT Systems' shares. Trading would be resumed after the company had informed the market of the reason for the suspension.
This morning, the company informed the market that it had secured a significant order. The Stockholm Stock Exchange decided to end the suspension of trading and resume trading at 9:30 a.m. However, due to a technical handling fault, trading was resumed at 9.07 a.m. As soon as the Stockholm Stock Exchange had gained a clear picture of what happened, the market was informed through the SAXESS trading system that trade had been resumed.
"We regret what happened and, naturally, we will review our procedures so that an incident of this type cannot be repeated," says Anders Ackebo, President of Surveillance at OMX Exchanges. ``This incident was a combination of a processing fault and the procedures relating to morning opening."
About OMX Exchanges
OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity and derivatives exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to approximately 80 percent of the Nordic and Baltic Securities market. For more information please visit www.omxgroup.com.
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