STOCKHOLM, Sweden, Nov. 24, 2005 (PRIMEZONE) -- TLX S.p.A, Italy's first Regulated Exchange for retail investors, has signed a six-year agreement with OMX Technology, the world's largest trading technology and solutions provider, to implement a new exchange-trading platform based on OMX CLICK XT(tm). The agreement includes license, project and support delivered by OMX as well as full technical operations of CLICK XT(tm).
TLX has been an OMX Technology customer since 2000 when it implemented OMX's entry-level exchange trading system, STRIDE.
"We are absolutely delighted that TLX has selected an OMX solution for the next phase of its growth. Continuing to work with existing customers who upgrade from one product to the next demonstrates the quality of technology and we look forward to working closely with TLX during their next phase of growth in the new European legislative environment," says Markus Gerdien, President of OMX Technology.
"We are convinced that we have chosen the leading provider of marketplace services and solutions to the global financial markets, who can support us in the development of the services we offer to our brokers and their retail investors. We believe that the new platform will enable TLX to grow its business and take advantage of the opportunities offered by the new European legislation. TLX plans to expand its services to European banks and brokers, serving them more efficiently, through the new OMX platform," says Alessandro Zignani, Managing Director of TLX.
About OMX
OMX Technology
OMX Technology is a global company with expertise in how to make securities transactions more efficient. Known for its fully electronic marketplace platforms, OMX Technology is a world leading provider of transaction technology, processing and outsourcing solutions for the financial and energy markets. OMX Technology has over 100 customers in 20 countries and is the largest commercial provider of marketplace systems to the world's major exchanges. OMX Technology is a division of OMX, a company that also owns and operates exchanges, clearing organizations and central securities depositories, and has operations worldwide. For more information, please visit www.omxgroup.com.
About TLX
TLX is an Italian exchange managing two markets, TLX, Regulated Exchange, and EuroTLX, MTF. Both markets enable retail investors to trade, through intermediaries, with a high level of efficiency, liquidity and transparency. TLX and EuroTLX are focused mainly on fixed income instruments: European and U.S. government bonds, supranational, structured and corporate bonds, emerging markets bonds and convertible bonds. For each traded financial instrument there is a specific data sheet containing all relevant details regarding the financial product. Investors can access real time prices and pre- and post-trading info through the company's website. For more information, please visit www.eurotlx.com.
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