Oslo Børs
| Type | Securities Exchange |
|---|---|
| Location | Oslo, Norway |
| Coordinates | |
| Founded | 1819 |
| Owner | Oslo Børs VPS Holding |
| Key people | Bente A. Landsnes (CEO) |
| No. of listings | 220 (May 2017) |
| Market cap | NOK 4 644 billion (June 2017) |
| Volume | NOK 4.6 billion (2017) |
| Indices | OBX, OSEAX |
| Website | https://www.oslobors.no |
Oslo Stock Exchange (Norwegian: Oslo Børs) (OSE: OSLO) is the only independent within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments.
Oslo Børs is today an online market place where all trading is done through computer networks. Trading starts at 09:00am and ends at 04:30pm local time (CET) on all days of the week except weekends and holidays declared by Oslo Børs in advance.
There are three markets for listing and trading on the stock exchange: Oslo Børs is the largest market place for listing and trading in equities, equity certificates, ETPs (exchange traded funds and notes), derivatives and fixed income products. Established in 1819, first as an commodity exchange. Equities and bonds listed and traded from 1881.
Oslo Axess was established in May 2007 as an alternative to Oslo Børs for listing and trading in shares.
Nordic ABM was established in June 2005 as an alternative bond market.
Norwegian public limited companies and equivalent foreign companies can apply for their shares to be listed on Oslo Børs or Oslo Axess. It is up to the company itself to apply to be admitted to trading, but the company must meet the applicable requirements, which include the number of owners (range), number of shares, market value and history. To be listed the exchange includes strict requirements on the treatment of confidential information. Companies that meet the requirements for listing can much easier get access to capital through share issues. Many investors only invest in securities listed on a stock exchange, because those papers are easier to sell.
OBX – The index comprises the 25 most traded shares listed on Oslo Børs. The OBX index is tradable, meaning that you can buy and sell listed futures and options on the index. Put another way, you can get the same exposure by purchasing an index product as if you buy all the shares (weighted) included in the index. The rating is based on a six-month trading period. The index is adjusted every third Friday in June and December. OSEBX – The Oslo Børs Benchmark Index is an investable index containing a representative selection of all listed shares on Oslo Børs. The OSEBX is revised on a half year basis and the changes are implemented on December 1 and June 1.
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Wikipedia