NSX Agreement Signed With IRESS
Sydney, June 28, 2016 AEST (ABN Newswire) - NSX Limited (
ASX:NSX) today announced that IRESS Ltd (ASX:IRE) will integrate order entry capabilities for the National Stock Exchange of Australia and SIM Venture Securities Exchange into its globally distributed trading platforms. This development will allow dealing representatives of exchange participants to enter market orders via the IRESS interfaces and platforms.
This project will provide participants of the National Stock Exchange of Australia and SIM VSE with seamless access to trade companies listed on the exchanges, and ultimately it is expected to contribute to growth in trading volumes through the broadening of distribution channels.
Ann Bowering, Managing Director, NSX stated that "We are thrilled to be partnering with IRESS in this development project. This is a significant enhancement to the exchange environment for the National Stock Exchange Group, which will provide globally proven technology and significant benefits to the Australian market, including increased flexibility, reduced complexity and scale efficiencies around investment in listed companies."
About NSX Limited
NSX Limited (ASX:NSX) via its wholly owned subsidiary National Stock Exchange of Australia Limited (NSXA) operates the Tier 1 Licensed stock exchange facility for the listing of equity securities, corporate debt and investment scheme units. The company is also involved in trading and settlement activities.
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