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Technology

OMX Technology, Sweden, the technology provider to the world’s leading power exchange, NORDPOOL, has joined hands with Financial Technologies (India) Ltd to provide technology support to Indian Energy Exchange (IEX).

OMX is a leading expert in the exchange industry. It owns exchanges in the Nordic and Baltic regions, and develops and provides technology and services to companies in the securities industry around the globe. In power trading, OMX is a pioneer, with four power exchanges in Europe currently using its technology.

Financial Technologies is a leading technology enterprise specialising in providing technology for organized markets connected with multiple asset classes such as securities, commodities, debt, and foreign exchange. IEX is the seventh exchange with which Financial Technologies is sharing its systems management expertise in trading, clearing and settlement operations.