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Oslo Børs Looks to Upgrade to OMX Genium

Oslo Børs is holding talks with OMX about replacing its trading infrastructure with the vendor’s new Genium platform. Oslo Børs is currently contracted to use OMX’s Click platform for derivatives and Saxess system for shares and bonds. However the Saxess agreement runs out in 2010 and Oslo Børs says it has been looking into a replacement for the past few months. The exchange says it plans to replace both the Click and Saxess systems with Genium Trading, subject to the successful negotiation of a final form of contract.

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