Nasdaq Commodities is pleased to announce that Nasdaq Oslo ASA (“Nasdaq”) has received approval from the Monetary Authority of Singapore (“MAS”) as a recognized market operator (“RMO”) in Singapore.
The recognition as an RMO takes effect on Monday August 8, 2016 allowing Nasdaq to offer trading access to Singapore firms.
Hanne Johansson, Global Head of Freight at Nasdaq Commodities, said: “Singapore plays an incredibly important role in the global freight market so we are naturally very pleased to be recognized as an RMO. The recognition gives us the opportunity to work more closely with Singapore firms and support global freight market participants who have their trading operations in Singapore.”
The RMO recognition extends Nasdaq Commodities’ current global commodities business reach, which offers trading and clearing solutions for assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services, together with Nasdaq Commodities’ U.S. offering of oil, natural gas and U.S. power.
For further information, please contact Nasdaq Commodities:
Hanne Johansson, Head of Global Sales Commodities, phone +47 95 10 96 31, hanne.johansson@nasdaq.com
Adelfio Ronci, Head of Sales Commodities Asia, phone +65 9118 0271 / +65 6505 6557, adelfio.ronci@nasdaq.com
Claudia Gerotto, Global Commodities Sales, phone +39 347 167 44 51 / +39 347 167 44 51, claudia.gerotto@nasdaq.com
Kjetil Andersen, Global Commodities Sales, phone +47 6710 8506 / +47 9098 5308, kjetil.andersen@nasdaq.com
Media contact: Sara Aadnesen, Global Head of Communication, Nasdaq Commodities, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
Nasdaq (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 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 is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com .
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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