NGMs Nordic Growth Market Index increased by 107 percent during 2013. The last years strong development showed no signs of weakness in January with a continuing increase by 6 percent.
"We are of course very delighted with the development and continue with our strategic efforts to operate as an exchange where small and medium-sized businesses can grow into successful corporations.” says Tommy Fransson, Vice President, NGM.
Equity turnover also increased during 2013 with a massive 147 percent. And January 2014 saw turnover increase a further whopping 178 percent compared to the month before.
”2013 has really been a record breaking year for us and we feel a continuing growing demand from investors that want to trade with us. We have for many years worked hard to become a viable alternative to the traditional exchange with focus on delivering a high quality trading technology system, commitment and flexibility.” comments Tommy Fransson, Vice President, NGM.
NGM trades about 10,000 Swedish, Norwegian and Finnish financial instruments. It’s a wholly-owned subsidiary of the German exchange, Börse Stuttgart, in operation since 1861 and one of Europe’s leading exchanges within several segments.