NASDAQ OMX | Rational Arrogance

NASDAQ OMX Group, Inc. have rolled out its INET trading system in all seven of its equities markets in Copenhagen, Helsinki, Iceland, Stockholm, Riga, Tallinn and Vilnius. The INET system is capable of handling one million messages per second at sub-250 microsecond average speeds, the fastest of any exchange or alternative trading system in the world.

“This trading system shift is one of the biggest infrastructural changes in the history of the Nordic and Baltic equities markets.”

Hans-Ole Jochumsen

The recent launch is part of the project to utilize the super fast INET trading platform across all NASDAQ OMX equities markets in the world.

“This trading system shift is one of the biggest infrastructural changes in the history of the Nordic and Baltic equities markets,” president at NASDAQ OMX Nordic, Hans-Ole Jochumsen, says.

“With INET in place we can offer investors access to the world’s fastest and most scalable trading system. This will allow us to grow volumes and liquidity, which benefits all investors and ultimately the regional economies. It will enable us as an exchange and the Nordics and Baltic regions to better compete in Europe‘s increasingly competitive trading environment,” Jochumsen says.

The INET system is capable of handling one million messages per second at sub-250 microsecond average speeds, the fastest of any exchange or alternative trading system in the world.

INET also serves as the backbone for GENIUM, NASDAQ OMX’s commercial exchange technology offering.

The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,700 listed companies.

The launch of INET in the Nordic and Baltic countries was announced February 8th.

Here’s the promotion video from NASDAQ OMX: