News archive / About Oslo Clearing

Oslo Clearing announces clearing fee reductions and incentive program for new customers

Oslo Clearing, clearing house for the Oslo Børs equity instruments and derivatives markets, today announces clearing fee reductions and an incentive program for all new customers to their equity segment.

Clearing rules

The clearing rules regarding the derivatives segment has been amended, as communicated earlier, and will come into effect, from and including December 1st.

Response to the recommendations for CCPs

Oslo Clearing has published its response to the recommendations for CCPs set out by ESCB-CESR. Please click here to see the response.

Amendements to the clearing rules

There has been no requests for consultation to the amendments made to the rulebook submitted to Oslo Clearing within the 31 October. In accordance with our letter dated 24 October, the proposed rule changes will come into effect from (and including) December 1st.

One minute of silence at 12.00 CET to express sympathy with the victims of the terrorist attacks

Oslo Clearing will observe one minute silence on Monday at 12.00 CET, to express sympathy with the victims of the cruel terrorist attacks at Utøya and Oslo Friday 22nd 2011.

Oslo Clearing encourages all actors in the market to close down the work, and show respect for the victims and their families during the memorial.

Consultation: Proposed changes to the Derivatives Rules

The following consultation is published by Oslo Børs

Consultation - Proposed changes to the Derivatives rules (486.99 kB)

Oslo Clearing implements the proposed changes to the Clearing Rules.

Oslo Clearing received no requests for consultation in connection with the proposed changes to the Clearing Rules. Thus Oslo Clearing has adopted to implement the proposed changes. As set out in the notice, the changes will enter into effect the 7th of July 2011. See below for final versions of Appendix 1, 2, 3, 5 and 7 as well as the general terms and corporate actions procedures applicable as from 7th July 2011.

Appendix 1 - Definitions (49.65 kB)

Appendix 2 - Clearing Membership Requirements (78.87 kB)

Appendix 3 - Clearing Fund (112.21 kB)

Appendix 5 - Fees (282.13 kB)

Appendix 7 - Settlement (176.45 kB)

General terms.pdf (163.62 kB)

Corporate Action Procedures (192.46 kB)

Amendments to the clearing rules

Oslo Clearing is proposing amendments to the clearing rules Appendix 1, 2, 3, 5 and 7 as well as changes in the general terms and corporate actions procedures. The documents has been sent to all clearing members, NFMF and AFME, members may request consultation within June 9th. In the absence of any consultation, the changes will come into effect on the 7th of July.

Please see the notice of amendments for full overview of all changes.

Appendix 1 markup (50.83 kB)

Appendix 2 markup (78.63 kB)

Appendix 3 markup (112.17 kB)

Appendix 5 markup (107.78 kB)

Appendix 7 markup (344.35 kB)

Corporate Action procedures markup (368.71 kB)

General Terms markup (165.13 kB)

Oslo Clearing welcomes Citibank International as a new GCM

Citibank International plc (323.24 kB)

International Collateral Management Offer through Co-Operation with Clearstream

International Collateral Management Offer through Co-Operation with Clearstream
Oslo Clearing, the Norwegian central counterparty (CCP) and Clearstream, the international central securities depository (ICSD) a part of Deutsche Börse Group, are co-operating in the area of collateral management. The customers of Oslo Clearings can use this solution to manage its margin exposure through Clearstream’s Global Liquidity Hub.
For further information please see the press release:

25th of October