The Icelandic bank Islandsbanki started direct trading of shares on the Oslo Brs today.
The bank is the eighteenth of 41 members of the exchange to trade Oslo remotely. Islandsbanki already trades at the NOREX exchanges in Stockholm, Copenhagen and Reykjavik.
“We are delighted to welcome Islandsbanki as a member of Oslo Brs,” says Sven Arild Andersen, President & CEO of Oslo Brs. “A number of international brokerage firms have applied for membership at Oslo Brs the recent years, which of course is very satisfying. It confirms the quality of the Norwegian market and contributes to liquidity at Oslo Brs.”
Islandsbanki is one of the three largest companies on the Iceland Stock Exchange by market capitalisation. The bank provides universal banking services in Iceland.