press center press release

Successful launch of OM#s CLICK XT platform at Singapore Exchange Ltd.


Successful launch of OM's CLICK XT platform at Singapore Exchange Ltd. On August 16, Singapore Exchange Ltd. (SGX) successfully launched OM's CLICK XT as its new trading engine. The delivery agreement was signed in December 2003, resulting in a time to market of only eight months. The platform will be launched in two phases, starting with the derivatives market now and the securities market in 2005. The new trading engine, called SGX Quest (SGX Quotation and Execution System for Trading), is powered by the CLICK XT marketplace solution, and will be the first fully integrated trading platform among major exchanges to support the trading of securities and derivatives. CLICK XT is the next generation of OM's CLICK solution, the world's most widespread marketplace system. Creating a new industry standard, CLICK XT supports multiple markets on a single platform, including all trading in equities and derivatives, fixed income instruments, electricity and other commodities. Powering more than 25 exchanges worldwide, OM's robust and high performance marketplace technology enables effective and quality executions as well as global connectivity. Mr Hsieh Fu Hua, SGX's CEO said, The successful launch of SGX Quest for derivatives trading on our market is a major milestone for the Exchange. SGX Quest will offer us a platform for global connectivity to other markets and expand our reach to investors. OMHEX's CEO, Magnus Böcker, said, SGX has shown tremendous commitment in bringing SGX Quest to an international marketplace within a short time frame. In fact, this is one of the fastest deliveries to date, reflecting the efficiency and determination to provide superior customer service. We are indeed pleased to partner with SGX in this endeavor. For additional information or comments, please contact: Magnus Böcker, President & CEO, OMHEX +46 8 405 66 44 Anna Rasin, VP Marketing & Communications +46 8 405 66 12 OM Technology OM Technology is a part of OMHEX, the largest securities market in Northern Europe and a leading provider of marketplace solutions and services for the financial and energy markets. Today, over 100 customers in 10 countries rely on OM's technology to power their operations and secure mission-critical systems. For more information, please visit us at

In This Story

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more