NDX aims for Finland

The Nordic Derivatives Exchange in Stockholm has been quietly building its listed warrants, certificates and structured products business. Now the exchange is opening NDX Finland in a bid to capitalise on its success

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The Nordic Derivatives Exchange (NDX) was set up in 2003 for listing and trading derivatives and structured products. The exchange is operated by Nordic Growth Market, which is a regulated exchange based in Stockholm.

Now NDX is looking to expand its thriving business with the launch of NDX Finland in the second quarter of this year. "NDX Finland will be based in Sweden," says Tommy Fransson, executive director at NDX in Stockholm. "We are using existing structures and connecting Finnish banks

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