Oslo Børs Fees Cut To Increase Liquidity

In order to encourage greater trading and liquidity for the exchanges marketplaces, Oslo Brs announces significant reductions in the fees charged for trading in shares listed on Oslo Brs and Oslo Axess. In addition, Oslo Brs is changing its pricing

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In order to encourage greater trading and liquidity for the exchanges marketplaces, Oslo Brs announces significant reductions in the fees charged for trading in shares listed on Oslo Brs and Oslo Axess. In addition, Oslo Brs is changing its pricing model to offer a greater range of choices and to better meet the differing needs of customers.

The new pricing model is considerably simpler, will be more predictable in operation and is better suited to the requirements of the various types of participants in the market. The model will feature the following main elements:

– A fee for each order carried out is introduced to replace the current transaction fee- The current minimum trading fees are abolished- The maximum trading fees are abolished for trading carried out through the exchanges trading system,

– Member firms will be able to choose between four alternative fee tariffs rather than the current choice

of two tariffs- Discounts will be introduced for trading in all OBX shares (the 25 most heavily traded shares).

These reductions in Oslo Brs trading fees will benefit our customers, and will also help to strengthen liquidity and so improve the quality of our marketplaces, says Bente A. Landsnes, president and CEO, Oslo Brs.

Our focus is on customers preferences and requirements. Customers are clearly looking for services and markets that offer high quality standards at competitive prices.

L.D.

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