Nasdaq OMX Europe, the multilateral trading facility (MTF) owned by global exchange group Nasdaq OMX, will start trading Portuguese listed stocks on the same day as rival MTF Chi-X Europe.
Five constituents of Portugal’s PSI 20 blue-chip index will be available for trading on the Nasdaq MTF from 26 June and the remaining constituents will be added on 3 July, mirroring Chi-X’s roll-out schedule for Portuguese stocks. Chi-X revealed its plans to start trading in Portugal on 2 June. Fellow MTF Turquoise has traded Portuguese stocks since 22 August.
Following the addition of the PSI 20 stocks, Nasdaq OMX will trade in 15 countries across 19 indices.
The five debut stocks on Nasdaq OMX Europe and Chi-X Europe are EDP Renovaveis, Energias de Portugal, Galp Energia, Portugal Telecom and Zon Multimedia Servicos Telecommunicacoes.