Oslo Børs Launches CCP Service

Oslo Børs has launched central counterparty (CCP) clearing for a handful of stocks in preparation for the introduction of CCP clearing for all equities, equity certificates and exchange-traded funds (ETFs) traded on the Norwegian exchange.

CCP clearing of trades in five selected shares—including Sevan Marine, Norwegian Property and Songa Offshore—got underway on Friday, and represents a "soft launch" ahead of the full rollout planned for June 18. Clearing will be conducted via the Oslo Clearing

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