KAS BANK expands European network with MTF NASDAQ-OMX Europe

Press release 25 September 2008

With effect from Friday 26 September 2008, KAS BANK N.V. acts as General Clearing Participant for NASDAQ-OMX, the new pan-European alternative trading platform that was launched today. With this new direct link we enable accredited firms to clear and settle their trades on NASDAQ-OMX through our unique European clearing and settlement platform. In total, we now offers our clients a direct link to nineteen European markets, Hong Kong, Dubai and the USA.

Albert Röell, Chairman of KAS BANK’s Managing Board: “This additional link to our European platform underlines our commitment to provide integrated European clearing & settlement services via our Single Platform to the main European regulated markets and Multilateral Trading Facilities (MTFs), it further strengthens our independent and neutral position in Europe. We are already General Clearing Participant for the Chi-X and Turquoise CCP-covered markets and closely monitor the development of all MTFs with a view to add these to our clearing and settlement capabilities. This new link is also a further extension of our best execution service under MiFID. Our Smart Engine provides banks and brokers with an eminent outsourcing solution for direct access to regulated markets and alternative trading platforms across Europe and worldwide.”

NASDAQ-OMX Europe is a pan-European Multilateral Trading Facility (MTF) for electronic trading in European blue chips.