What Is the Copenhagen Stock Exchange?

The Copenhagen Stock Exchange (CSE) is one of the exchanges under the Swedish OMX Group. It is located on the parliament building and on Langerini. The Exchange is a Renaissance building. It was built in 1624. It is the oldest and still used stock exchange in the world. It is also the most unique building in Copenhagen. On the top is a dragon coil Bronze minaret.

Copenhagen Stock Exchange

Right!

Copenhagen

Copenhagen, January 1998

Copenhagen

In Copenhagen

The securities listed and traded on the Copenhagen Stock Exchange have a time course, and the length of this time is affected by factors such as the type of company and the issuing method. However, most securities consultants believe that it takes at least six months from the company's application to the official listing. According to the relevant rules of the Copenhagen Stock Exchange, the securities listing process on the exchange is now described as follows:

1. After the board of directors has decided to make a request for listing on the Copenhagen Stock Exchange, and write a written report.

2. The company drafted a prospectus and listing application with its legal adviser and submitted it to the Copenhagen Stock Exchange. (It takes about 4-8 months)

3. The Copenhagen Stock Exchange receives the listing application, prospectus and listing schedule, and it usually takes 15 working days to read the above documents. The stock exchange will carefully review in order to judge whether its content complies with the legal requirements and ask related questions, and then return the submission and the above documents to the company. (It takes about 3 weeks)

4. After receiving, the company will discuss relevant issues with the company's legal counsel, and then make necessary amendments to the content of the prospectus based on the feedback from the stock exchange. (It takes about 1-2 weeks)

5. The stock exchange received the revised company's listing prospectus. If the prospectus still does not meet the legal requirements at this time, procedures 3 and 4 will be repeated.

6. The stock exchange holds a board of directors. After listening to the report, they vote to decide whether to agree to the company's stock listing. (It takes about 2 days)

7. With the consent of the stock exchange, the company will be able to receive written approval reports from them in a timely manner.

8. The company will arrange to print the company's listing prospectus (it takes about 1 week). At the same time, the company will also prepare a notice to publish the prospectus and issue it to its member companies by the stock exchange.

9. The company's listed prospectus was publicly issued. Note that this prospectus must be issued 5 working days before the stock is officially issued to the public. (It takes about 5-8 days)

10. Issue securities to the public and raise funds. (Issuing period takes about 10 working days, which varies depending on the method of raising)

11. The securities issuer handles the issue and raises the number of securities subscribed by the investor to the listed company and the stock exchange. (Takes 1-3 days)

12. After confirmation by the Copenhagen Stock Exchange, the securities began to be listed for trading.