NOS Clearing ASA is a clearing house primarily for cargo freight, seafood derviatives and electricity certificates.
Nasdaq OMX Group has acquired NOS Clearing ASA, a clearing house primarily for tanker and dry cargo freight, seafood derivatives and electricity certificates.
The acquisition is subject to regulatory approval and also that of the shareholders of Imarex ASA, the owner of NOS Clearing ASA, who will hold a general assembly on May 22, 2012.
"The acquisition fits perfectly into our strategy to grow globally within the energy space, since freight is a key part of the energy supply chain," says Geir Reigstad, senior vice president, NASDAQ OMX Commodities. "In addition to that, we are entering a new product range, clearing of seafood derivatives, with a large global potential."
More from Sell Side Technology
Updating your subscription status
Work with us on your Integrated Marketing Campaigns
WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....
We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...