Dear Member of NOS Clearing ASA,
Following the NASDAQ OMX Group, Inc acquisition of NOS Clearing ASA (“NOS”) 2nd July 2012, the process of integrating NOS into the acquiring entity, NASDAQ OMX Stockholm AB (“NASDAQ OMX”), is starting now. The objective is that NOS will be merged into NASDAQ OMX by the end of 2013 and the integration will be completed at the same time.
Please related information introducing our members to the migration process and the regulatory changes due to European Market Infrastructure Regulation (“EMIR”). The information is aimed at those responsible for and involved in adapting NOS member organizations to the changes. The changes described are necessary in order to continue as member with NASDAQ OMX and to comply with the new regulations. All changes will take place during Q4 2013 with the migration date currently planned to last week of November 2013.
The changes affect the following areas for NOS members:
Relevant information is included for readers representing following categories:
In addition to the printed material and information on the website, NOS will be organizing meetings with our members, in order to present the upcoming changes and answer questions. Each member’s Key Account Manager will assist with additional information to make the process as smooth as possible.
The changes are subject to regulatory consent or approval, as necessary.
Please contact NOS Clearing ASA for any questions regarding the migration process:
tel: +47 23 25 93 01