EUROPEAN UNION: Oslo Børs Transitions Norwegian Listed Companies to Euronext’s Proprietary Trading Platform Optiq

Thursday December 3 2020

On 2^nd December 2020, Euronext announced the successful migration of the 276 companies with equities currently listed in Oslo to the Euronext single order book empowered by the proprietary trading platform, Optiq®. This milestone is reached 17 months after Oslo Børs joined Euronext and 21 months after Euronext Dublin’s successful migration to Optiq®.

Companies listed on Oslo Børs will gain access to the largest liquidity pool of international capital in Europe, powered by a single order book. 1,500 issuers are now listed on Euronext’s exchanges, in Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris, for an aggregated market capitalisation of over €4.4 trillion as of end November 2020.

Being listed on Euronext’ integrated markets will allow companies listed in Oslo to benefit fully from Euronext’s proprietary issuer services, which include the online Connect portal of companies’ trading data. Euronext also proposes corporate services such as webinars and webcasts, an investor relationship management and targeting platform for corporate investor relations teams, strategic analyses of shareholding structure, tailor-made IR and ESG advice, a board portal and an insider list management tool.

As part of this transition on 30^th November 2020, Oslo Børs has changed the name of three marketplaces to align with the rest of the Euronext group. ‘Oslo Axess’ has been renamed ‘Euronext Expand’, ‘Merkur Market’ is now ‘Euronext Growth’, and ‘NOTC’ is ‘Euronext NOTC’. There have been no substantive rule changes or functionality changes to these markets.

Click on the above link for further information.