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European Code of Conduct for Clearing and Settlement
Oslo Børs ASA complies with the Code of Conduct commitments on service unbundling and accounting separation.
Oslo Børs signed the European Code of Conduct for Clearing and Settlement on the 7th November 2007
The Code is agreed on by the associations of exchanges (FESE), central securities depositories (ECSDA) and clearing houses (EACH). You will find the Code on the FESE website.
The Code will lead to a more efficient European market in equities, and deals with three elements:
- Full price transparency on costs of trading, clearing and settlement.
- Condition that grant access and interoperability between exchanges, central securities depositories and clearing houses.
- Unbundling of services and accounting separation.
Oslo Børs will continuously follow the goal of the Code.