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OMHEX and HEX Integrated Markets reject the lawsuit and its material grounds as unfounded, and say that the dispute was settled in its entirety in 2002 in an arbitration agreement and subsequent arbitration proceedings.
Consequently, HEX Integrated Markets denies any liability for further reimbursement, according to OMHEX.
The sale was part of the company's continued focus on core operations, OMHEX said.
OMHEX said that it had not made any reserves for this dispute.
The Finnish-Swedish stock exchange operator and transaction technology provider OMHEX AB said on Friday (21 May) that it had signed a privatization agreement with the Lithuanian State Property Fund for the National Stock Exchange of Lithuania (NSEL) and Central Securities Depository of Lithuania (CSDL).
Finnish-Swedish stock exchange operator OMHEX AB said on Monday (3 May) that total trading in equities on its marketplaces in April 2004 amounted to EUR60.5bn, with an average turnover of EUR3.03m per day.
Finnish-Swedish stock exchange operator and transaction technology provider OMHEX AB said on Thursday (22 April) that it had signed a Letter of Intent (LoI) with the Swedish Central Securities Depository VPC AB concerning a merger between the OMHEX-owned Finnish Central Securities Depository APK (Suomen Arvopaperikeskus) and VPC.
The Finnish-Swedish stock exchange operator and transaction technology provider OMHEX AB reported on Tuesday (20 April) an operating income of SEK278m on total revenue of SEK907m for the financial period January-March 2004.
Finnish stock exchange operator HEX Integrated Markets Ltd, part of the Finnish-Swedish stock exchange operator OMHEX AB, said on Wednesday (7 April) that it had agreed with Copenhagen Stock Exchange, Oslo Bors and Iceland Stock Exchange on a new NOREX Cooperation agreement.
The Finnish-Swedish stock exchanges operator OMHEX issued its March statistics on Thursday (1 April), reporting share trading amounting to EUR3.5bn and a daily average of EUR2,762m.
The Finnish-Swedish stock exchange operator and transaction technology provider OMHEX AB said on Tuesday (30 March) that it had been selected as strategic partner for the National Stock Exchange and Central Securities Depository of Lithuania.
Finnish stock exchange Helsinki Exchanges (HEX), operated by the Finnish-Swedish stock exchange operator and transaction technology provider OMHEX AB, said on Friday (26 March) that it would harmonize its trading hours with the Swedish stock exchange Stockholmsborsen, also operated by OMHEX.
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