NASDAQ OMX Nordic Foundation was founded in 2005 and the Foundation was in 2010 complemented with an additional foundation to enable NASDAQ OMX to support the financial markets not only via scientific research. As indicated, the overall purpose is to promote scientific research and other initiatives of the financial markets in Finland, Denmark and Sweden and in the future also other financial markets covered by the NASDAQ OMX corporate group’s activities, providing impetus for increased competence and competitiveness for these financial markets.
NASDAQ OMX Stockholm AB, NASDAQ OMX Copenhagen A/S and NASDAQ OMX Helsinki Oy are operating marketplaces in Sweden and Finland. Admitted companies and members shall comply with the rules adopted by the NASDAQ OMX exchanges. A Disciplinary Committee may, in case of a breach by the member or admitted company of the exchange rules, resolve to fine the member or admitted company. The paid fine is transferred to the NASDAQ OMX Nordic Foundation for the promotion of the foundation’s objective.
NASDAQ OMX Nordic Foundation has a Board of Directors that are responsible for the administration of the Foundation in accordance with its objective. The Nordic Foundation Board has seven members appointed by the Board of Directors of the holding company NASDAQ OMX Nordic Oy. Three of these directors shall have extensive academic experience within the field of financial markets.
Hans-Ole Jochumsen, chairman, is Executive Vice President of Transaction Services Nordics. Transaction Services Nordics is an integrated marketplace of seven independent Nordic and Baltic exchanges, also called the Nordic Exchange. The Nordic Exchange offers trading of Nordic and Baltic securities shares, derivatives and fixed income products, all traded on highly efficient trading systems enabling easy cross border trading. Jochumsen is also responsible for Broker Services, NASDAQ OMX's offering of back office and custody solutions to Nordic clients.
Lauri Rosendahl is Senior Vice President of Nordic Equities within NASDAQ OMX Transaction Services Nordic. He is responsible for equity and derivative trading and products at NASDAQ OMX Group in the Nordic Region and is also President of NASDAQ OMX Helsinki Oy.
Vesa Puttonen is professor of finance at Aalto University School of Economics (formerly Helsinki School of Economics). His areas of expertise include risk management, derivatives, mutual funds and behavioral finance. He is a faculty member of MBA Programs in Helsinki, Singapore, Poland, China, Taiwan and Korea. Puttonen is a board member at Oras Invest, Rocla, and Taaleritehdas Asset Management.
Jonas Niemeyer is Head of the Policy and Analysis Division at the Financial Stablity Department at Sveriges Riksbank. Prior to joining the Riksbank in 2002, he was an Assistant Professor in Finance at the Stockholm School of Economics. His main research interest were in Market Microstructure and Securities market regulation.
Magnus Billing is Senior Vice President, President of NASDAQ OMX Stockholm and Head of Nordic Fixed Income and Baltic Markets. He was previously Chief Legal Counsel and Senior Vice President of NASDAQ OMX Group, Inc., and responsible for legal and market surveillance operations in Europe. Prior to his current role, he was the General Counsel of OMX and led the negotiations around the consolidation of the OMX Nordic Exchanges. He is a member of the NASDAQ OMX Listing Committee, secretary in the Board of Directors of the NASDAQ OMX Nordic Foundation, and serves as an alternate director of the Swedish Corporate Governance Code Board of Directors.
Bjørn Sibbern is President of NASDAQ OMX Copenhagen A/S, Senior Vice President and Head of the Commodities business. From September 2005 to March 2008, Bjørn was Director at E*TRADE Bank A/S. Prior to that Bjørn was customer responsible for all companies and ETF/funds listed at OMX in Sweden, Finland and Denmark. Bjørn came to OMX with a solid background for trading in Nordic equities, a background he had acquired in various positions within the financial industry.
Jesper Lau Hansen worked as lawyer in Copenhagen until he left for academia. In 2003, he was appointed Professor of Financial Market Law and is currently serving as the head of the research centre FOCOFIMA at the University of Copenhagen, where a full CV is available on-line. He is a member of the editorial board of Nordisk Tidskrift for Selskabsret and the Journal of Corporate Law Studies. He has served on various national and European committees as an expert and is from 2011 serving as an academic member of the ESMA Stakeholder Group.