17 January 2018
visit www.avoka.com

Oslo Børs sets Saxess launch date

03 May 2002  |  3117 views  |  0 stock exchange

Oslo Børs has set 27 May as the final date of implementation of its new Saxess trading system following months of delays due to technical difficulties.

In May 2001, the Scandinavian exchanges announced they would hold off the launch of the new order-driven trading platform until after the summer amid worries about "serious performance problems" in the dealer system.

One year on, Oslo Børs says it has overcome the technical problems found during former pre-launch testing. In a statement the exchange says: "New tests last weekend showed that the quality of the systems is as good as Oslo Børs and the users require. Therefore, Oslo Børs have decided to start the new trading system Monday 27 May 2002."

Until that date, Oslo Børs will complete a stable period of internal operation and make small adjustments before use of the system is extended to investment firms.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Copenhagen Stock Exchange offers round-the-clock company news

Copenhagen Stock Exchange offers round-the-clock company news

25 April 2002  |  3360 views  |  0 comments
Oslo Børs hit by further Saxess testing problems

Oslo Børs hit by further Saxess testing problems

18 April 2002  |  3084 views  |  0 comments
Oslo Børs considers NOS buy out

Oslo Børs considers NOS buy out

04 April 2002  |  2663 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.vasco.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11558 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
10166 views comments | 14 tweets | 33 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9616 views comments | 32 tweets | 34 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9481 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9202 views comments | 17 tweets | 13 linkedin

Featured job

Germany, Austria or Switzerland

Find your next job