NASDAQ OMX Europe (NEURO) Extends Operations to 1st July 2010

What do I need to know?

• NASDAQ OMX Europe will extend its trading operations until 1st July 2010*
• NASDAQ OMX has today signed a Letter of Intent with Equiduct

Why has NEURO extended operations?

As announced on 30th April 2010, NEURO has been in discussions with Equiduct to provide customers with the option to seamlessly migrate to the Equiduct platform. A Letter of Intent was signed today, 18th May 2010, to begin this process.

NEURO has agreed to continue operations until 1st July 2010* while definitive terms are reached, while development work is completed and those NEURO participants who choose so, become members of Equiduct.
Why has NASDAQ OMX signed a Letter of Intent with Equiduct

NEURO and Equiduct are working closely to conclude an agreement which will provide NEURO's clients with the option to migrate their order flow through the NEURO technology to the Equiduct platform using existing NEURO connections.

What happens after the 1st July?

After 1st July, NASDAQ OMX intends to offer a connectivity solution for firms who have agreed to connect to Equiduct via the NASDAQ OMX datacenter at Finsbury Pavement.

What do I have to do?

If you wish to have your order flow migrated to the Equiduct platform, it will be necessary to retain your NEURO lines, and please contact Equiduct Sales at +44(0)20 3102 4080 to begin the membership process.
*Please note that NEURO will not be open on Bank Holiday Monday 31st May 2010.

 

NEURO Contact Information

• Market Operations: +44 20 7065 8160
• Trade Support: +44 20 7065 8170

For further information please visit: http://www.nasdaqomxeurope.com. 

NEURO and NEURO Dark are trading names of NASDAQ OMX Europe Limited, which is authorised and regulated by the Financial Services Authority. Insofar as the content of this communication is considered a financial promotion for the purposes of section 21 FSMA 2000, it is not communicated or approved by a person authorised under FSMA. This communication is directed only at persons to whom NASDAQ OMX Europe may lawfully make financial promotions (Relevant Persons) including persons who have professional experience in matters relating to investments who are "investment professionals" within the meaning of article 19 of the FSMA (Financial Promotion) Order of 2005. This communication must not be distributed to, acted on or relied upon by persons who are not Relevant Persons.