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Table of Contents
Oslo Börs
Oslo Börs is the primary equities market in Norway.
Homepage
Currency: Norwegian Krone (NOK)
Trading Hours & Calendar
Trading Summary
The Oslo Börs utilizes the Millenium Exchange trading system, developed by MilleniumIT a subsidiary of the London Exchange Group. More details can be found here.
Lit Order-types
- Limit Buy/Sell (DAY/IOC)
- Market Buy/Sell (DAY)
Available ATS
Basic Market Rules
- Lot Size is 1 for all equities
- Tick Size is variable by symbol and price as defined in the Oslo Bors Business Parameters which can be found here.
- Short Sale Rules - Naked short sales are prohibited.
- Circuit Breakers - Circuit breakers can be triggered based on both Dynamic and Static reference prices. The % move required to trigger a trading pause is defined in the Oslo Bors Business Parameters which can be found here.
Auction Mechanisms
Oslo Bors has both opening and closing auction calls with the mechanism used for both described in the Market Model which can be found here.
Open
The opening auction starts with a call period from 08:15:00 - 09:00:00 during which traders can enter and cancel orders, but they will not be matched. Matching occurs at 09:00:00 and is followed by the commencement of the regular trading session.
Close
The closing auction starts with a call period from 16:20:00 - 16:25:00 during which traders can enter and cancel orders, but they will not be matched. Matching occurs at 16:25:00.