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Nasdaq OMX acquires Norwegian clearinghouse


Jens Henriksson, CEO of Nasdaq OMX Nordic

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Nasdaq OMX Wednesday said it has acquired the Norwegian based NOS Clearing ASA, a clearing house primarily for tanker and dry cargo freight, seafood derivatives and electricity certificates.

"The acquisition fits perfect into our strategy to grow globally within the energy space, since freight is a key part of the energy supply chain. In addition to that, we are entering a new product range, clearing of seafood derivatives, with a large global potential”, Geir Reigstad, Senior Vice President of Nasdaq OMX, said in a statement.

NOS Clearing ASA has been the leading clearing house for the freight market since 2001 and has invested significant resources in building a cleared ship freight derivatives market.

Last Updated (Wednesday, 25 April 2012 08:01)

 

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