Stockholm, September 29, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Cinnober Financial Technology AB (shortname: CINN) shares commenced today on First North at NASDAQ OMX Stockholm. Cinnober belongs to the Technology sector and is the 31st company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Cinnober provides solutions and services to leading trading and clearing venues, including exchanges, clearinghouses, banks and brokers. Cinnober’s solution portfolio includes price discovery and matching, real-time risk management, clearing and settlement, index calculation, data distribution and surveillance. Cinnober’s customers include BM&FBOVESPA, Deutsche Börse, Eurex, London Metal Exchange, ICE Liffe and Stock Exchange of Thailand. Founded in 1998 Cinnober has around 250 employees in offices in Stockholm, Umeå, London and New York. For additional information, please visit www.cinnober.com.
“A listing on NASDAQ OMX First North enables transparency benefits that further strengthen our quality stamp when working with a global customer base,” said Veronica Augustsson, CEO at Cinnober. “In addition, as a publically traded company we are able to leverage our shares as payment in potential future acquisitions.”
“NASDAQ OMX is proud to welcome Cinnober to First North and our family of listed companies” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Cinnober will make a great addition to our technology sector and we look forward to supporting the company in its endavour as a publically traded company.”
Cinnober has appointed Avanza Bank AB as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about futures products to be traded on NFX and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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