What is Oslo Exchange?

Stock Stock Exchange Oslo (OSE) is the center of Norwegian trading in shares and security. With more than 100 years in business, this Exchange hub has undergone several changes in its operation and ownership on the way to become a leading place for trading in Norwegian and international shares. The axis is governed by a strict daily schedule to ensure justice for its different merchants.

Compared to the modern version, the Oslo Stock Exchange was very different when it was opened in 1881. The exchange was long -term, since it was first designed by Nicolay Andersen in 1818 as a way to bring Norwegian business to the same area as industrial nations as the United Kingdom. The opening of the axis led to the transfer of a nation from an economy based primarily on fishing and agriculture and towards the business economy.

The evolution of the simple history of Norway after its modernity is best illustrated by the Oslo Exchange itself. Then known as Christiania Bors, the stock exchange did not make many stores and set their prices of Pouze once a month. Gradually, when more businesses began to offer public shares, the exchanges were overcrowded with trading in a traditional auction system used worldwide at that time. In 1988, Oslo Stock Exchange made another jump by introducing an electronic system that constantly updated the prices of shares throughout the day and replaced the auctions. In 1999, the stock exchange became fully electronic, which completely eliminated the need for a trading floor.

During its daily functions, many different companies in Oslo are processed. His shares index, listed as OBX, represents in Norway 25 most liquidable companies, usually consisting of transport, oil and industrial organizations. The exchange also deals with many more Norwegian companies and international companies. For the purpose of fair trading, the market processes its operations every day and provides justice to all traders. The day starts forEdsty market sessions from 8:15 to 9:00 every morning, followed by normal trading until 5:25 every afternoon.

Stock Exchange Oslo has been self -service for more than 100 years until it was sold in 2001. It was then transformed into a joint stock company and offered its own public shares. Since 2010, DNB has owned the largest number of shares, which controlled more than 18 percent. In addition, the Scandinavian Stock Exchange Group bought 10 percent.