The Norwegian stock exchange, the Oslo Brs, has branded its new marketplace for shares and primary capital certificates as Oslo Axess. The new marketplace is expected to open in May 2007.
Oslo Brs announced on 11 September this year that it had applied to the Ministry of Finance for permission to establish an authorized marketplace for shares and primary capital certificates. It was granted by the Ministry of Finance on 20 December.
Oslo Brs has prepared proposals for the regulation of the new marketplace, as well as proposing consequent changes to the existing stock exchange, and these are now being circulated for comments.