Oslo stock exchange clearing house
Today, our clearing services span multiple exchanges and trading venues, including SIX Swiss Exchange Ltd, Oslo Børs, the London Stock Exchange, Cboe Europe, Aquis Exchange, BlockMatch, Equiduct, Nasdaq Nordic Exchanges, Sigma X, Traiana, Turquoise and UBS MTF. More are in the pipeline for interoperable clearing. All equity instruments and derivatives traded on Oslo Børs and Oslo Axess are cleared through a central counterparty (CCP) – a clearing house. Consequently, members must set up a clearing arrangement in order to trade these products on these marketplaces. Clearing entails an organization to act as an intermediary for transactions, in order to reconcile orders and also to guarantee for settlement and delivery of securities between the transacting parties. Central clearing involves a clearing house, such as Oslo Clearing, entering into a transaction as the counterparty for both the original purchaser and the original seller from such time as the order is matched by the exchange's trading system. Oslo Clearing is 100% owned by Oslo Børs VPS Holding ASA, and is authorised to act as a central counterparty in accordance with the Norwegian Securities Trading Act. Oslo Clearing currently carries out CCP clearing of financial directives and security lending products.
In co-operation with the Norwegian Futures & Options Clearing House (NOS) and the Norwegian Central Securities Depository (VPS), the Oslo Stock Exchange has initiated the “Joint Test” project in connection with Year 2000 and the technical computer-
On 23 September 2019, the Oslo Stock Exchange resolved to impose a violation charge on Siem Industries Inc. of NOK 159 810,- for breaches to the Oslo Stock Exchange Bond Rules’ provisions on public disclosure of interim and annual reports. Cash Equity SIX x-clear Ltd offers clearing services for cash equities and ETFs across a range of platforms, with a universe of over 25,000 securities. Derivatives SIX x-clear Ltd offers clearing services for derivatives with Oslo Børs ASA. All equity instruments and derivatives traded on Oslo Børs and Oslo Axess are cleared through a central counterparty (CCP) - a clearing house. Consequently, members must set up a clearing arrangement in order to trade these products on these marketplaces. Clearing entails an organization to act as an intermediary for transactions, in order to reconcile orders and also to guarantee for settlement and delivery of securities between the transacting parties. LCH is a British clearing house that serves major international exchanges, as well as a range of OTC markets. Based on 2012 figures LCH cleared approximately 50% of the global interest rate swap market, and is the second largest clearer of bonds and repos in the world, providing services across 13 government debt markets. In addition, LCH clears a broad range of asset classes including: commodities, securities, exchange traded derivatives, credit default swaps, energy contracts, freight derivati
NOS was the central counterparty clearing house for financial derivatives traded at Oslo Stock Exchange from 1990 to September 2006. In 1997, a Norwegian securities firm, Noka Securities, went bankrupt and consequently defaulted according to the rules. All client positions were transferred to another clearing member without any loss to NOS.
On 23 September 2019, the Oslo Stock Exchange resolved to impose a violation charge on Siem Industries Inc. of NOK 159 810,- for breaches to the Oslo Stock Exchange Bond Rules’ provisions on public disclosure of interim and annual reports. Cash Equity SIX x-clear Ltd offers clearing services for cash equities and ETFs across a range of platforms, with a universe of over 25,000 securities. Derivatives SIX x-clear Ltd offers clearing services for derivatives with Oslo Børs ASA. All equity instruments and derivatives traded on Oslo Børs and Oslo Axess are cleared through a central counterparty (CCP) - a clearing house. Consequently, members must set up a clearing arrangement in order to trade these products on these marketplaces. Clearing entails an organization to act as an intermediary for transactions, in order to reconcile orders and also to guarantee for settlement and delivery of securities between the transacting parties. LCH is a British clearing house that serves major international exchanges, as well as a range of OTC markets. Based on 2012 figures LCH cleared approximately 50% of the global interest rate swap market, and is the second largest clearer of bonds and repos in the world, providing services across 13 government debt markets. In addition, LCH clears a broad range of asset classes including: commodities, securities, exchange traded derivatives, credit default swaps, energy contracts, freight derivati Oslo Børs offers a full product range including equities, derivatives and fixed income instruments.
Today, our clearing services span multiple exchanges and trading venues, including SIX Swiss Exchange Ltd, Oslo Børs, the London Stock Exchange, Cboe Europe, Aquis Exchange, BlockMatch, Equiduct, Nasdaq Nordic Exchanges, Sigma X, Traiana, Turquoise and UBS MTF. More are in the pipeline for interoperable clearing.
Oslo Børs offers a full product range including equities, derivatives and fixed income instruments. Nasdaq Clearing is a leading, EMIR authorized, clearing house providing central counterparty clearing of futures and options listed at Nasdaq Derivatives Markets (Nasdaq Stockholm AB), Nasdaq Oslo Børs offers the only regulated markets for securities trading in Norway providing a full product range including equities, derivatives and fixed income instruments. Oslo Børs is part of the Oslo Børs VPS Group which consists of the four companies Oslo Børs, VPS, Oslo Clearing and Oslo Market Solutions. Reykjavik, the derivatives exchanges in Stockholm and Oslo, and the derivatives clearing house Nasdaq Clearing. 1.1 NASDAQ OMX GROUP The NASDAQ OMX Group (Nasdaq) is a leading provider of trading services, exchange technology, information and public company services across six continents.
Oslo Børs is an internationally recognized exchange based in Oslo and is supervised by the Norwegian Financial Supervisory Authority. SIX x-clear Ltd provides central counterparty clearing for trades in cash equities including ETFs, equity certificates and derivatives on Oslo Børs and Oslo Axess through the CLARA and SECOM clearing platforms.
Oslo Børs offers a full product range including equities, derivatives and fixed income instruments. Nasdaq Clearing is a leading, EMIR authorized, clearing house providing central counterparty clearing of futures and options listed at Nasdaq Derivatives Markets (Nasdaq Stockholm AB), Nasdaq Oslo Børs offers the only regulated markets for securities trading in Norway providing a full product range including equities, derivatives and fixed income instruments. Oslo Børs is part of the Oslo Børs VPS Group which consists of the four companies Oslo Børs, VPS, Oslo Clearing and Oslo Market Solutions. Reykjavik, the derivatives exchanges in Stockholm and Oslo, and the derivatives clearing house Nasdaq Clearing. 1.1 NASDAQ OMX GROUP The NASDAQ OMX Group (Nasdaq) is a leading provider of trading services, exchange technology, information and public company services across six continents. Oslo Børs is an internationally recognized exchange based in Oslo and is supervised by the Norwegian Financial Supervisory Authority. SIX x-clear Ltd provides central counterparty clearing for trades in cash equities including ETFs, equity certificates and derivatives on Oslo Børs and Oslo Axess through the CLARA and SECOM clearing platforms. NOS was the central counterparty clearing house for financial derivatives traded at Oslo Stock Exchange from 1990 to September 2006. In 1997, a Norwegian securities firm, Noka Securities, went bankrupt and consequently defaulted according to the rules. All client positions were transferred to another clearing member without any loss to NOS. Today, our clearing services span multiple exchanges and trading venues, including SIX Swiss Exchange Ltd, Oslo Børs, the London Stock Exchange, Cboe Europe, Aquis Exchange, BlockMatch, Equiduct, Nasdaq Nordic Exchanges, Sigma X, Traiana, Turquoise and UBS MTF. More are in the pipeline for interoperable clearing.
Reykjavik, the derivatives exchanges in Stockholm and Oslo, and the derivatives clearing house Nasdaq Clearing. 1.1 NASDAQ OMX GROUP The NASDAQ OMX Group (Nasdaq) is a leading provider of trading services, exchange technology, information and public company services across six continents. Oslo Børs is an internationally recognized exchange based in Oslo and is supervised by the Norwegian Financial Supervisory Authority. SIX x-clear Ltd provides central counterparty clearing for trades in cash equities including ETFs, equity certificates and derivatives on Oslo Børs and Oslo Axess through the CLARA and SECOM clearing platforms. NOS was the central counterparty clearing house for financial derivatives traded at Oslo Stock Exchange from 1990 to September 2006. In 1997, a Norwegian securities firm, Noka Securities, went bankrupt and consequently defaulted according to the rules. All client positions were transferred to another clearing member without any loss to NOS. Today, our clearing services span multiple exchanges and trading venues, including SIX Swiss Exchange Ltd, Oslo Børs, the London Stock Exchange, Cboe Europe, Aquis Exchange, BlockMatch, Equiduct, Nasdaq Nordic Exchanges, Sigma X, Traiana, Turquoise and UBS MTF. More are in the pipeline for interoperable clearing. All equity instruments and derivatives traded on Oslo Børs and Oslo Axess are cleared through a central counterparty (CCP) – a clearing house. Consequently, members must set up a clearing arrangement in order to trade these products on these marketplaces. Clearing entails an organization to act as an intermediary for transactions, in order to reconcile orders and also to guarantee for settlement and delivery of securities between the transacting parties. Central clearing involves a clearing house, such as Oslo Clearing, entering into a transaction as the counterparty for both the original purchaser and the original seller from such time as the order is matched by the exchange's trading system.