1. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe Product offering and status update Swedsec and Swedish Securities Dealers Association: October 08, 2008

2. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Status Update FSA Approval conferred September 5 th. Successful soft launch on September 26 th. Diverse client base of Investment Banks, Agency Brokers, ISVs, and high frequency proprietary traders. Routing Available to primary markets and MTFs based on consolidated EBBO. DateSecurities Traded 26 th September25 constituents of FTSE 100 3 rd OctoberAll FTSE 350, iShares FTSE 100 ETF 20 Nordic Securities (5 from each market) 10 th October All constituents of Nordic indices (Denmark: OMXC20, Norway: OBX25, Sweden: OMXS30, Finland: OMXH25) 15 Euronext (5 from Amsterdam, 5 from Paris, 5 from Brussels) 17 th October All constituents of Euronext indices (Belgium: BEL 20, Netherlands: AEX 25, France: CAC 40) 10 Constituents of DAX 30 (Germany) 24 th October All constituents of DAX 30, iShares DJ Euro Stoxx 50 DE, iShares DAX DE, iShares DJ Euro Stoxx 50, iShares AEX ETF Dates to be determinedIreland (ISEQ 20), Switzerland (SMI 20), Spain (Madrid General), Italy (MIB 30)

3. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Nordic Member Pricing Tier NASDAQ OMX Europe Pricing For Top Nordic Market participants -The standard rate to remove liquidity on NEURO is 0.3bps. -Top Nordic Market participants will receive a NEURO remove liquidity rate of 0.28bps for trading European Ex Nordic securities. The Tier -Stockholm, Copenhagen, and Helsinki each have 3 independent fee schedules: Low (1), Middle (2), High (3). -A weighting has been given to each market based on its size. Stockholm: 50% Helsinki: 30% Copenhagen: 20% -If the sum of a firm’s Nordic Market fee schedules, multiplied by the weighting is above 1.5, than the participant will qualify for the improved NEURO pricing. MARKET WEIGHTINGPARTICIPANT FEE SCHEDULESPARTICIPANT TIER SCORE Participant StockholmHelsinkiCopenhagenStockholmHelsinkiCopenhagen StockholmHelsinkiCopenhagenTotal Broker Dealer50%30%20%21110.30.21.5

4. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Competitive Pricing NASDAQ OMX Europe Market Post Liquidity - Rebate-0.2 BPS Remove Liquidity – Charge0.3 BPS Routing to MTFs (All in) CHI-X0.30 BPS TURQUOISE0.35 BPS Routing to Primary Markets (All in) London Stock Exchange0.65 BPS Deutsche Borse0.9 BPS Euronext - Paris0.95 BPS Euronext - Amsterdam0.95 BPS Euronext - Brussels1.4 BPS Borsa Italina1.4 BPS OMX Stockholm1.3 BPS OMX Helsinki1.3 BPS OMX Copenhagen1.3 BPS OMX Oslo1.3 BPS Irish Stock ExchangeTBD Swiss Stock ExchangeTBD Spanish MarketsTBD

5. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – INET Technology INET TECHNOLOGY IS THE CORNER STONE OF THE BUSINESS -NEURO is the fastest INET matching engine ever created. Order response times at the London data centre are sub millisecond, with peaks clocked at 200,000 orders a second. -The INET technology will also serve as the backbone of the new Nordic Markets launching in Q4 2009. -The RASH (Routing and Special Handling) system is the most active router in the U.S by transaction value and message traffic. The European kit will benefit from: Multiple Routing Strategies: SCAN (passive), STGY (aggressive), SPDY (MTFs only), PRIM (check NEURO, post on primary) Routing based on direct EBBO market data. Blind pinging NEURO. Low latency execution broker gateways.

6. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Routing Examples London Stock Exchange Security: Filling on MTFs and Primary Market London Stock Exchange Security: Filling only on Primary Market

7. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Routing Post Trade

8. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – MIFID Best Execution Support Trade Confirmation and Benchmarking for the fragmented market place Market Replay Europe – coming in Q1 2009 http://www.nasdaqomxeurope.com/Market_Data/Market_Replay/

9. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. NASDAQ OMX Europe – Q4 2008 Timeline SeptemberOctoberNovemberDecember W.38W.39W.40W.41W.26W.27W.28W.29W.22W.23W.24W.25W.30W.31W.32W.33W.34W.35W.36W.37 FSA Approval. Soft launch commences. Test and Production systems available from 7:50am – 5:00 pm (BST) New Order Types, Routing Strategies, and Listings Market (subject to FSA approval). On boarding of trading participants. Phased rollout of 600+ Pan-European securities and ETFs. October 23 rd. NASDAQ OMX Europe launch party in London.

10. © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. Thank you! © Copyright 2008, The NASDAQ OMX Group, Inc. All rights reserved. Henrik Reinfeldt Head of Sales + 44 20 7065 8149 | henrik.reinfeldt@nasdaqomx.com