As the first Nordic stock exchange, NGM today extends trading hours until 10 pm for ETPs, exchange-traded products. The aim is to expand investment opportunities in underlying assets such as US stocks, indices, currencies and commodities.
NGM has driven the development of exchange-traded products on the Nordic market and was also the first to offer investors extended evening and morning trading. By offering trading in ETPs during US business hours, NGM provides investors with extended opportunities to trade ETPs based on US stocks, indices, currencies, and commodities in real time. This includes shares such as Amazon and Tesla, important indices such as the S&P500 or commodities such as oil and gold.
"The trading in our ETPs has increased by several hundred percent in the last five years and we see continued great demand for these products. Today, we have over 40,000 ETPs listed and many are based on stocks, indices and commodities such as gold and oil traded on the US market. Therefore, it is important for us to offer investors the opportunity to trade during full US opening hours", says Magdalena Hartman, CEO of Nordic Growth Market.
The ETP market continues to grow strongly driven by an ever-increasing interest from Nordic investors.
“We know that investors appreciate the opportunity to trade at later hours and the interest in our extended evening trading is very high, both from issuers and investors", says Magdalena Hartman, CEO of Nordic Growth Market.
The extended evening trading until 10 pm applies from May 2 for NGM's markets in Sweden, Denmark, Finland and Norway.
For more information, please contact:
Magdalena Hartman, VD, Nordic Growth Market, magdalena.hartman@ngm.se