MSM successfuly migrates to AEMS exchange a trading solution

Friday, 10 February 2006

Muscat Securities Market (MSM) today announced that it has successfully migrated to the Atos Euronext Market Solutions (AEMS) exchange and trading solution NSC. 

The implementation of NSC allows the MSM to pursue its long-term goals of attracting new liquidity, increasing our volumes, enhancing market control and surveillance, enabling multiple markets, and expanding our product range.  This world-class AEMS solution, delivered on time and on budget, ultimately improves the MSMs strategic position not only within the Middle East, but internationally as well, said Ahmed Saleh Al-Marhoon, Director General, MSM.

The NSC solution is one of the tried and tested flagship products from AEMS currently in place with 17 exchanges including Euronext, and supports both equities and derivatives trading.  The MSM implementation of NSC is complemented by AEMS ARAMIS market surveillance system and the PAM broker front-end.  The NSC solution modules were customized within the nine month rollout period to fit specific needs unique to both the Muscat Securities market and Middle Eastern Stock Exchanges .  MSM members will now have the benefits of an efficient and highly transparent trading environment which meets their requirements for growth and alignment with international trading standards.