STOCKHOLM, Sweden, Oct. 3, 2005 (PRIMEZONE) -- Michael Ostlund & Company Fondkommission AB becomes a new cash member of the Stockholm Stock Exchange and will start trading in the SAXESS trading system as of today.
Michael Ostlund & Company Fondkommission AB is a traditional securities company within the areas Asset Management, Institutional Sales and Corporate Finance. The company offers personalized advice to private investors, institutions and corporations in Sweden and Europe.
"The membership at the Stockholm Stock Exchange is a natural step for us. We are very happy to offer our customers the ability to trade directly via the Stockholm Stock Exchange," says Johan Ostlund, CEO, Michael Ostlund & Company.
"Activity on the Stockholm Stock Exchange is high and it is with great pleasure that we welcome Michel Ostlund & Company as a new member," says Jenny Rosberg, President Cash Market Sweden, OMX Exchanges.
Including Michael Ostlund & Company Fondkommission, the Stockholm Stock Exchange has now 70 cash market trading members.
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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, fixed-income 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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