Nordic Derivatives Exchange Explained

The Nordic Derivatives Exchange (NDX) is a derivatives market operated by the Nordic Growth Market. Both are supervised by the Swedish Financial Supervisory Authority, (Swedish: Finansinspektionen), and operate as electronic exchanges on a shared platform.[1]

NDX was initially offered listing and trading of Warrants. The market place has now broadened to include listing and trading of bonds - known as NDX Bonds. The purpose of NDX is to offer issuers, and other market participants, a flexible market for all types of derivatives and structured products.[2]

In the period January–June 2006, warrants worth a total value of SEK 7.1 billion were traded on NDX.[3]

External links

Notes and References

  1. http://marketswiki.com/mwiki/Nordic_Derivatives_Exchange "Markets Wiki - Nordic Derivatives Exchange"
  2. http://www.ndx.se/en/default.asp "Nordic Derivatives Exchange Official Website"
  3. http://www.fi.se/upload/90_English/20_Publications/10_Reports/2006/Report2006_13.pdf "2006 Warrant Market Review - Finansinspektionen