Oslo Børs and the Copenhagen Stock Exchange have extended a co-operation agreement for the development and operation of joint IT systems to support the Saxess trading platform.
The two exchanges signed an agreement in April last year for the development of support systems for the Nordic trading system. This involved setting up a joint data warehouse and index calculation system as well as developing a transaction system to integrate the trading system with support systems.
Under the new agreement, Oslo Børs and the Copenhagen Stock Exchange intend to further pool their resources to develop support systems for Saxess. These systems will then be operated and maintained by Oslo Børs.