EuroCCP clearing Oslo Børs trades from 1 November 2018

EuroCCP is delighted to announce that regulatory approval has been obtained to provide clearing services for trades executed on Oslo Børs from 1 November 2018.

This will be a fully interoperable service for shares, equity certificates and exchange traded funds traded on Oslo Børs.

Since its inception, EuroCCP has been an advocate of open access for the benefit of clearing and trading participants alike.  With the introduction of EuroCCP as the third CCP for Oslo Børs, clearing services will become even more efficient by reducing post trade costs, increasing cross-venue netting opportunities and optimising operational processes.

We would refer you to Oslo Børs Delta News, which provides further information on this announcement.

EuroCCP’s test environment is available to clearing participants that may wish to undertake testing through Oslo Børs’ test environment.

Clearing Participants wishing to clear trades executed on Oslo Børs with EuroCCP should:-

  • Advise EuroCCP’s Relationship Management team of their implementation plans and intended go-live date, so that the necessary arrangements can be made.
  • Complete the Oslo Børs Statement of Authority .