Exchange group Nasdaq OMX has revealed plans to start trading equities listed in Norway from 23 March, pitting itself against Oslo Børs, the country’s incumbent exchange. Oslo Børs has returned fire with plans to cut trading fees.
Norway is the only Nordic country where Nasdaq OMX does not dominate equities trading. The group owns the national stock exchanges in Sweden, Denmark, Finland and Iceland.
Nasdaq OMX will start by trading the stocks of the 25 largest companies listed in Norway and add the remaining shares in later phases. The Norwegian stocks will be traded on Nasdaq OMX Stockholm, and will be subject to the same trading rules and market surveillance as other shares traded on Nasdaq OMX’s Nordic bourses.
No comments:
Post a Comment