In addition to designing, implementing, and supporting products and system solutions for exchanges and clearinghouses, OM also owns and operates the OM Stockholm Exchange and OM London Exchange. Over the last decade, the action of stock and derivatives markets has moved off the trading floor and onto the computer screen. One of the driving forces behind this major paradigm shift is Compaq partner OM Technology of Sweden. A visionary in electronic trading, OM began trading online in 1985. As the owner of Stockholm's newly merged equity and derivatives markets, OM has been so successful in designing and running its own system that it now sells solutions to financial markets around the world.
Maximum uptime is vital for the success of an electronic exchange.
It is critical that the electronic exchange's systems platform is stable and disaster-tolerant. We run on OpenVMS Alpha because it's very stable. But OM didn't stop there. Wanting control over more of the transaction chain for the sake of efficiency, OM was also the first to offer integrated exchange and clearing services. OM's derivatives-trading technology has been readily accepted because market makers are constantly seeking ways to cut costs.