Oslo Børs

What Oslo Børs does

Oslo Børs is Norway's principal regulated securities exchange, founded in 1819 and operating today as a wholly-owned subsidiary of Euronext N.V. following its 2019 acquisition from Nasdaq. It operates the only regulated markets for securities trading in Norway, providing listing venues and trading infrastructure for Norwegian equities, bonds, ETFs, warrants, certificates, and funds, with a particular depth in the energy, shipping, and seafood sectors that reflect Norway's economic structure. The exchange shares the Euronext Optiq trading platform, HFTS high-frequency trading solution, RiskGuard risk management system, Auction Volume Discovery (AVD), and Best of Book trading services across the pan-European network of eight regulated exchanges (Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris).

The franchise is deeply integrated into the broader Euronext infrastructure stack. Beyond primary cash markets, Oslo Børs connects to Euronext's financial derivatives and commodity markets, Euronext Clearing (a multi-asset central counterparty), Euronext Securities (the CSD including the Oslo depository), a portfolio of indices and ESG-branded products, and a suite of data, colocation, and connectivity services. Corporate issuers access the venue through Euronext's Primary Market team and programs such as IPOready, while trading members and institutional investors access the platform via direct electronic connectivity.

Oslo Børs monetizes across five primary revenue streams: listing fees (transaction-based on market capitalization and instrument type), trading fees (volume- and instrument-based), market data services (subscription/recurring to data vendors and trading terminals), CSD services via Euronext Securities Oslo (subscription/recurring for safekeeping, settlement, and corporate actions), and index licensing. Pricing is quote-based and not publicly disclosed. The entity does not report revenue independently; results are consolidated into Euronext N.V., which is publicly traded on Euronext Amsterdam, Brussels, and Paris under ticker ENX. CEO Øivind Amundsen has led the exchange since February 2020.

Name

Oslo Børs

Legal name

Oslo Børs

Website

https://euronext.com

Company type

Public

Founded year

1819

Operating status

Operating

Headcount range

101–250 employees

Short description

Oslo Børs operates Norway's only regulated securities exchange, providing listing, trading, clearing, and market data services across equities, bonds, and ETFs. It is a wholly-owned subsidiary of Euronext N.V. and is integrated into the group's pan-European network of eight exchanges.

Ownership category

akta.pro rank

Product category

Securities Exchange

NAICS

Securities and Commodity Exchanges (5232), Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Equity Market Operators for ETFs & ETPs (FSAFAAAJ)

akta.pro secondary industries

Government Bond (Sovereign) Trading Platforms (FSAFACAA), Electronic Bond Trading Networks (Dealer-to-Client / All-to-All) (FSAFACAE), Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA), Derivatives Trading Venues (perps, futures, options) (FSAPADAE)

Keywords

• Securities exchange
• Regulated markets
• Equity trading
• Market data
• Listing services

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. Listing Fees: Fees charged to companies for listing their securities on Oslo Børs, including initial listing fees and annual maintenance fees.
2. Trading Fees: Transaction fees charged on trades executed through the exchange, based on volume and instrument type.
3. Market Data Services: Sale of real-time and historical market data to financial institutions, trading terminals, and data vendors.
4. CSD Services: Securities depository services including safekeeping, settlement, and corporate actions processing through Euronext Securities Oslo.
5. Index Licensing: Licensing fees for using Euronext indices for exchange-traded products and benchmarking.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Oslo Børs is Norway's only regulated securities exchange, operating venues for equities, bonds, ETFs, warrants, certificates, and funds, and providing related market infrastructure services including IPO/listing administration, secondary market trading, market data, indices, central counterparty clearing (via Euronext Clearing), and central securities depository / settlement services (via Euronext Securities Oslo). As part of the Euronext Group, it connects Norwegian issuers and investors to a pan-European capital markets network spanning Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris.

Product overview

Euronext operates a unified platform infrastructure serving as Europe's largest stock market and capital markets infrastructure provider, encompassing eight regulated exchanges (Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo, Paris) and a multi-asset clearing house. The product portfolio includes: Core trading markets (Cash Markets for equities, Financial Derivatives and Commodity Markets for futures/options), post-trade services (Euronext Clearing as CCP and Euronext Securities as CSD providing settlement, custody, and asset servicing), data and index products (real-time data, historical data, reference data, custom indices), and technology solutions (Traderpath Algo Trading, Euronext Trader, HFTS high-frequency trading, Regpath compliance tools, colocation and connectivity services). Oslo Børs operates as part of Euronext's integrated European market structure.

Differentiator

Problem solved

Functional benefit

Brands

• Oslo Børs: The main regulated equity and securities market operated by the exchange
• Nordic ABM

Products and services

• Euronext Cash Markets Regulated equity trading venues across European markets including Oslo Børs, providing order book trading for listed equities, ETFs, and other cash instruments.
• Euronext Financial Derivatives and Commodity Markets Trading of stock, index futures and options across European derivatives markets, including commodity derivatives for agriculture and power, accessible via Oslo Børs.
• Euronext Clearing Multi-asset central counterparty (CCP) clearing house providing risk management across equities, bonds, ETFs, and derivatives, acting as buyer toward seller and guaranteeing final settlement for trades executed across Euronext markets including Oslo Børs.
• Euronext Securities (CSD) Central Securities Depository providing safekeeping, custody, settlement, issuance services, and asset servicing across multiple European locations including Oslo (Euronext Securities Oslo), serving issuers and investors with corporate events, tax, and register services.
• Listing Services IPO and listing administration services for equities, bonds, ETFs, funds, warrants, certificates, and structured notes across Euronext markets including Oslo Børs, delivered through the Primary Market team.
• Euronext Indices Index creation, calculation, licensing, and index data products for benchmarking, passive investment products, and reference purposes across European markets.
• Euronext Data Products Real-time market data, historical data, corporate actions data, reference data, and quantitative data products distributed to market participants and data vendors.
• HFTS (High-Frequency Trading Solution) Next-generation high-frequency risk trading platform offering ultra-low latency and minimal jitter for institutional and high-frequency trading firms accessing Euronext markets including Oslo Børs.
• Euronext Colocation Services Data center colocation services for trading firms requiring physical proximity to exchange infrastructure across Euronext's European network.
• Euronext Connectivity Solutions Network connectivity solutions enabling secure, low-latency access to trading venues and market infrastructure for institutional clients.
• Repo Clearing Pan-European repo and cash bond clearing solution expanding coverage across European fixed income markets with multi-venue connectivity to enhance market access, liquidity provision, and collateral optimization.
• ESG Trading and Indices ESG-focused trading products including ESG profiles, indices, funds, and derivatives for sustainable investment, available across Euronext markets.

Quantifiable outcome

• Companies can access Norwegian and international capital markets through a single regulated platform
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• ATHEX GroupmajorStrategic or Co-development Partner · 1 September 2025Euronext completed the acquisition of ATHEX Group (Athens Stock Exchange) in 2025, integrating the Greek exchange into Euronext's pan-European market network. This expansion strengthens Euronext's presence in Southeastern Europe.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• London Stock Exchange Group: LSEG operates the London Stock Exchange, Borsa Italiana, and Turquoise, making it a broad incumbent in European listings, trading, clearing (LCH), and market data that competes with Oslo Børs for cross-listings and pan-European trading flow.
• BME (Bolsas y Mercados Españoles): BME, part of SIX Group, operates the Madrid, Barcelona, Bilbao, and Valencia stock exchanges plus Iberclear CSD. It is a broad incumbent in its home market with a comparable vertical stack to Oslo Børs and Euronext.
• Deutsche Börse: Deutsche Börse operates the Frankfurt Stock Exchange and Xetra, the largest German equities trading venue, plus Eurex derivatives and Clearstream CSD. It is a broad incumbent competitor across trading, clearing, and post-trade services.

Direct peers

• Cboe Europe: Cboe Europe operates one of the largest multilateral trading facilities (MTFs) for European equities, directly competing with Oslo Børs for trading flow in Norwegian and Nordic-listed stocks, including via dark pools and periodic auctions.
• Aquis Exchange: Aquis Exchange is a pan-European equities MTF operating across multiple European venues, competing for secondary trading in Nordic equities and offering subscription-based exchange-as-a-service models that overlap with Oslo Børs' trading services.
• Nasdaq Nordic: Nasdaq Nordic operates the stock exchanges in Copenhagen, Stockholm, and Helsinki, making it the most direct competitor to Oslo Børs in Nordic equity listings, trading, and market data. Both compete for the same Nordic issuer base and institutional investor flow.
• Nasdaq Copenhagen: Nasdaq Copenhagen is the Danish regulated exchange and one of Nasdaq Nordic's three core markets. It is a direct peer in Nordic equity and bond listings, sharing many of the same institutional members and trading members as Oslo Børs.

Emerging players

• Spotlight Stock Market: Spotlight Stock Market (formerly AktieTorget) is a Swedish growth-company MTF that competes with Oslo Børs' Nordic ABM and Euronext Growth markets for SME and growth-stage Nordic listings.

Others

• Euronext Amsterdam: Euronext Amsterdam is a sister market within the same Euronext group that shares Optiq, Clearing, and Securities infrastructure with Oslo Børs. As a sister rather than direct competitor, it is best classified as an adjacent platform with shared economics and strategy.

Regional players

• SIX Swiss Exchange: SIX Swiss Exchange operates Switzerland's primary equities and bond market along with SDX and SIX Repo. It is a regional player serving a different national market but offers a directly comparable set of exchange, CSD, and market data services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/euronext
• LinkedInlinkedin.com/company/euronext
• Instagraminstagram.com/euronextgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oslo Børs