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OM Gruppen's Click Passes ASX Delivery Test, Paves Way For Screen-Based Derivatives Trading

EXCHANGES & REGULATORS

Swedish electronic exchange system supplier OM Gruppen and the Australian Stock Exchange (ASX) are closer to giving ASX members their first national, electronic equity derivatives marketplace, says Angus Richards, the ASX's deputy managing director.

The OM Gruppen's Click Exchange System passed acceptance testing at the ASX in June, one month ahead of schedule. This puts the ASX and OM Gruppen one step closer to their goal of screen-based derivatives trading. The two have been working for a year

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