Membership

Oslo Børs continually seeks to increase the number of members on Oslo Børs and Oslo ABM is included in this work. A large network of members ensures the best access for investors for the listed bonds.

The trading system TradElect is used on Oslo ABM as it is used for the exchange market. A result of this is that member firms on the exchange market may get access to Oslo ABM without any major technical adjustments. The trading rules are mainly the same as those used in the exchange market.

The following is an extract of the terms and conditions for membership:

• Investment firms that wish to participate as a member of the Oslo ABM will be required to sign a membership agreement with Oslo Børs. This will also apply to firms that are currently bond market members of Oslo Børs, but a firm can be a member of Oslo ABM without being a member of the stock exchange bond market.
• Members must use a clearing and settlement system approved by Oslo ABM.
• All trading must be carried out by traders approved by Oslo ABM and who is employed by member firms. Traders already authorised to trade in the stock exchange bond market will not require any further authorisation to trade in the Oslo ABM.
• Firms that are currently bond market members of Oslo Børs will not pay any additional annual fee to be members of Oslo ABM.

Both Norwegian and foreign investment firms may become members on Oslo ABM on condition that the investment firm has permission to offer investment services in Norway or has a head office in an EEC-country and has permission to offer cross-border investment services in Norway.