Optiq

Following Euronext’s acquisition of Oslo Børs VPS Holding ASA in June 2019, Oslo Børs’ trading systems, across asset classes, will migrate from the Millennium Exchange and SOLA systems to the Euronext Optiq® systems. LCH SA will be appointed as the CCP providing post-trade services for the Derivatives Market. The current interoperable clearing model between SIX X-clear, LCH Ltd and EuroCCP will be continued for the Oslo Børs and Oslo Axess Cash Equities markes. The Oslo Optiq-migration is scheduled for Q3 and Q4 2020, pending regulatory approval and market readiness.

News and notes

Information and news regarding the migration to Optiq will be published below. If you wish to receive this information by e-mail, please register your e-mail address in the subscription box to the right. Subscribers to "Delta - Millennium" and "Delta - SOLA" are already registrered.

28/11/2020
EURONEXT CONFIRMS SUCCESSFUL OSLO BØRS CASH EQUITIES, STRUCTURED PRODUCTS AND ETFS MIGRATION TO EURONEXT SYSTEMS

Euronext confirms the successful migration of Oslo Børs Cash Equities, Structured Products and ETFs onto the Euronext systems and invites clients to prepare themselves for the start of Oslo Børs Cash Equities, Structured Products and ETFs market operations on Euronext systems on Monday 30 November 2020.

26/11/2020
Changed Ticker codes / Mnemonics during the migration

Please find attached the list of Ticker codes / Mnemonics as a part of the migration of the Oslo Børs Cash Equities products to the Euronext infrastructure 30th November 2020.

25/11/2020
GUIDELINES FOR OSLO CASH GO-LIVE WEEKEND ON SATURDAY 28 NOVEMBER

Euronext reminds clients of the upcoming Go-Live Weekend for Oslo Cash on Saturday 28 November 2020. The Oslo Cash market will go live on Optiq® on Monday 30 November 2020. The Go-Live Weekend guidelines are now available.

24/11/2020
OSLO DERIVATIVES LCH SA SECOND DRESS REHEARSAL IN EUA ON 25 NOVEMBER

Euronext informs clients that LCH SA will organise a second Dress Rehearsal involving clearing members on Wednesday 25 November 2020. The Euronext Next EUA (p-EUA) environment will remain open as usual, but as a result of this Dress Rehearsal, no trades performed on the Next EUA environment will be passed on to LCH SA on Wednesday 25 November 2020.

19/11/2020
OSLO SATURN OBOE SERVICE & EXCHANGE MARKET MECHANISM REMINDER

Euronext reminds clients of enhancements being made to the existing Euronext OBOE Service due to the Oslo migration to Optiq®. Clients are reminded to ensure the correct use of the Exchange Market Mechanism (EMM) field within each trade message.

19/11/2020
OSLO BØRS OPTIQ® MIGRATION: PRODUCTION DERIVATIVES LISTING UPDATE

In connection with the Oslo Børs Optiq® migration, Euronext will introduce the ITM and OTM option series (representing more than 5,000 series) in addition to the ATM series already available, by Thursday evening 19 November on the Optiq Production systems. 

16/11/2020
GUIDELINES FOR SECOND OSLO DERIVATIVES & FIXED INCOME DRESS REHEARSAL ON 21 NOVEMBER 2020

Euronext will hold the Second Dress Rehearsal for the Oslo Derivatives & Fixed Income Markets on Saturday 21 November 2020. Clients are reminded that participation in at least one of the two Dress Rehearsals for the Oslo Derivatives & Fixed Income migration is mandatory.

Clients should register via the registration web form available on the Connect customer portal. The Dress Rehearsal Guidelines are now available.

10/11/2020
OSLO DERIVATIVES FRONT-TO-BACK TESTING

Clients are reminded that they should perform the mandatory Derivatives Front-to-Back test with their clearing member and submit the validation form as soon as possible.

09/11/2020
FIRST OSLO DERIVATIVES & FIXED INCOME DRESS REHEARSAL GUIDELINES 14 NOV

Euronext will hold the first Dress Rehearsal for the Oslo Derivatives & Fixed Income Markets on Saturday 14 November 2020. Clients are reminded that participation in at least one of the two Dress Rehearsals for the Oslo Derivatives & Fixed Income migration is mandatory.

Clients should register via the registration web form available on the Connect customer portal. The Dress Rehearsal Guidelines are now available.

30/10/2020
OSLO BØRS MARKET MIGRATION OPERATIONS RESCHEDULED

Euronext informs that the planned Oslo Børs Cash Equities, Structured Products and ETFs market operations migration onto Euronext systems has been rescheduled to Monday 30 November 2020. The Oslo Børs Derivatives and Fixed Income migrations have been rescheduled to Monday 7 December 2020. 

30/10/2020
UPDATE ON OSLO CASH AND DERIVATIVES MARKETS MIGRATION

In preparation for the migration of Oslo Cash and Derivatives markets to the Optiq IT trading platform, Euronext is currently performing  full end to end testing with its clients and clearing counterparts. The dress rehearsal will proceed this week-end as planned. Some clients have indicated to us the need to perform further changes in their systems to get prepared for the upcoming migration (initially planned on 9 November). Furthermore, for operational risk reasons some clients have expressed a preference to postpone these potential changes until after the US presidential elections.

Consequently, Euronext announces today that the Oslo cash equity migration is moved to 30 November 2020. The derivatives and fixed income migration will in turn be moved to 7 December 2020. All Oslo cash and Derivatives markets will continue to be operated as they currently do today until the migration.

26/10/2020
SECOND DRESS REHEARSAL GUIDELINES - OSLO CASH 31 OCTOBER

Euronext will hold its second Dress Rehearsal for the Oslo Cash Markets on Saturday 31 October 2020. Clients are reminded that participation in at least one of the two Dress Rehearsals for the Oslo Cash migration is mandatory.

Clients should register via the registration web form available on the Connect customer portal. The Dress Rehearsal Guidelines is now available.

22/10/2020
OSLO BØRS OPTIQ® MIGRATION – CASH DRESS REHEARSAL ON 31 OCTOBER AND CONFORMANCE REMINDER

The second Dress Rehearsal for the Oslo Cash migration to Optiq will take place on Saturday 31 October 2020. Clients are reminded that participation in at least one of the two Dress Rehearsals is mandatory. Conformance validation tests must be performed before the Dress Rehearsal and should be submitted as soon as possible.

13/10/2020
Listing of ETNs will be moved to Euronext Pan-European Structured Products MTF

As of 9 November 2020, equities trading will move to the Optiq trading platform. Listing and trading in ETNs (Exchange Traded Notes) and Warrants will be moved to the Euronext Pan-European Structured Products MTF at the same time. This MTF has functionality specifically developed for these types of products.

09/10/2020
FIXED INCOME UPDATE IN NEXT EUA (p-EUA)

A Fixed Income release for the Oslo Optiq migration is available in the Next EUA (p-EUA) environment. This release introduces Deferral (Oslo) and also corrects known issues.

06/10/2020
OSLO BØRS OPTIQ® MIGRATION – FIRST DRESS REHEARSAL GUIDELINES AND REGISTRATION

Euronext will hold the first Dress Rehearsal for the Oslo Cash Markets on Saturday 10 October 2020. Participation is highly recommended. Clients should register via the registration web form available on the Connect customer portal. Dress Rehearsal Guidelines and a readiness process document are now available.

29/09/2020
EURONEXT CASH MARKET – TRADE VENUE TRANSACTION ID (TVTIC) IMPORTANT INFORMATION

The current Trade Venue Transaction ID (TVTIC) format (Execution ID + ISIN) will be used for the Oslo Cash Market Go-Live on 9 November 2020, pending regulatory approval. The new TVTIC format that is already present in Saturn and End of Day (EOD) services in the Next EUA (p-EUA) environment will rolled back to the current TVTIC format effective Wednesday 30 September 2020. The TVTIC field length in the End of Day (EOD) file will not be rolled back and will remain at 52 characters.

29/09/2020
OSLO BØRS OPTIQ® MIGRATION – CONFORMANCE AND DRESS REHEARSAL REMINDERS 10 & 31 OCT

Euronext reminds customers to book and perform their Functional Conformance tests and submit the validation tests web forms. These tests are mandatory prior to the Oslo Optiq production migration dates.

Euronext reminds customers of the Dress Rehearsals organised ahead of the Oslo Børs Markets’ migration to Optiq. Customers are required to have ordered their Logical Accesses for Production, passed their Functional Conformance test and conducted connectivity tests to be authorised to take part in the Dress Rehearsals. 

24/09/2020
OSLO OPTIQ MIGRATION: EXTENDED NEXT EUA HOURS, OSLO DERIVATIVES CLOSED TO TESTING ON 23 SEPTEMBER, AND FIXED INCOME GROUP CHANGE

Opening hours for the Oslo Cash and Fixed Income trading groups and Oslo Derivatives Exchanges in the Next EUA (p-EUA) environment have been extended to allow more testing time for clients.

Oslo Derivatives Contracts in Next EUA (p-EUA) will be exceptionally closed to testing on Wednesday 23 September 2020.

All Oslo Fixed Income instruments (except Nordic ABM XOAM) have been moved to trading group OJ in Next EUA (p-EUA).

18/09/2020
Join us for a Technical User Group webinar for Oslo Market Participants: Oslo Bors Optiq Migration – Conformance Testing

Join us for a Technical User Group webinar for Oslo Market Participants: Oslo Bors Optiq Migration – Conformance Testing

18/09/2020
OSLO BØRS OPTIQ® MIGRATION: PRODUCTION LISTING SCHEDULE

Euronext informs clients that the technical creation in Production of the Oslo marketplace and financial market will start on Monday 28 September 2020 for Oslo Cash Equities and as of Friday 2 October 2020 for Oslo Derivatives. Fixed Income Cash instruments will be created as from Friday 16 October. A few Oslo Indices instruments will also be visible in the Production Indices Optiq Standing Data Files, but only on the dates mentioned below. A new version of the Migration Guidelines is also available.

14/09/2020
OSLO OPTIQ MIGRATION: FIXED INCOME NEXT EUA RELEASE AND INTEROPERABILITY WEB FORM AVAILABLE

Euronext would like to inform customers that the Fixed Income release for the Oslo Optiq migration is available in the Next EUA (p-EUA) environment. The Interoperability web form for Oslo Cash is now available.

14/09/2020
OSLO OPTIQ MIGRATION – SBE 302, INTEROPERABILITY, AND DERIVATIVES INFORMATION

Euronext informs customers that a new SBE template version 302 for Order Entry and Market Data will be implemented on Equities and Fixed Income Segments in Cash Next EUA (p-EUA) environment on Wednesday 9 September 2020.

Interoperability testing in Cash Next EUA (p-EUA) is available. Customers can start to test trade reconciliation between Euronext and three clearers in the EUA environment to prepare for the Oslo Cash Optiq migration. The Front-to-back test script and webform will be provided shortly.

As mentioned in the Migration Guidelines, Euronext would like to remind customers that Oslo Derivatives instruments will be assigned new ISIN codes as a consequence of the migration. Also, the existing OPEJ3 billing file will be enhanced to incorporate Oslo changes.

31/07/2020
OSLO OPTIQ MIGRATION – SATURN CASH RELEASE AND UPDATED MIGRATION GUIDELINES

Euronext would like to inform customers that Saturn Cash OBOE Lot 2 for the Oslo migration is available in the Next EUA (p-EUA) environment. An updated version of the Migration Guidelines is available.

27/07/2020
OSLO OPTIQ MIGRATION DERIVATIVES – FRONT TO BACK TESTING UPDATE

Euronext would like to inform customers that Front-to-back testing in Derivatives Next EUA (pEUA) is available. Customers can start to test trade reconciliation between Euronext and LCH SA in the EUA environment to prepare for the Oslo Derivatives Optiq migration.

26/06/2020
Name changes for Oslo markets in connection with migration to Optiq

In connection with the migration from Millennium to Optiq in November, the Oslo markets are adapting to the other Euronext markets. This entails name changes for two of our market places. Oslo Axess will change its name to Euronext Expand, and Merkur Market will change its name to Euronext Growth.

08/06/2020
OSLO OPTIQ MIGRATION FIXED INCOME – UPDATED TECHNICAL DOCUMENTATION AND MIGRATION GUIDELINES

Euronext informs customers that updated technical specifications for the Oslo migration have now been published taking into account Fixed Income. An updated version of Migration Guidelines is also available with conformance test information. 

18/05/2020
OSLO OPTIQ MIGRATION – CASH NEXT EUA UPDATE AND SATURN SPECIFIATIONS

Euronext informs customers that the new Oslo Børs Market Data channels are available in Cash Next EUA (p-EUA) environment. Oslo Børs Cash instruments are available and remaining instruments are being progressively listed and clients can start testing. The updated Saturn Web Specifications for Cash and Fixed Income is now available.

28/04/2020
OPTIQ CASH – NEXT EUA NEW SBE TEMPLATE 300

Euronext informs customers that the new SBE template version 300 for Order Entry and Market Data will be implemented in the Cash Next EUA (p-EUA) environment for Equities, Fixed Income, and Block segments on Wednesday 29 April 2020

20/04/2020
OSLO OPTIQ MIGRATION – DERIVATIVES NEXT EUA UPDATE

Euronext informs customers that as of last week Oslo Børs Derivatives products are being listed on the Derivatives Next EUA (p-EUA) environment and clients can start testing.

17/04/2020
INDICATIVE EURONEXT PROJECT ROADMAP FOR 2020

The Euronext project roadmap for 2020 is now available online.

31/03/2020
OPTIQ DERIVATIVES – NEXT EUA NEW SBE TEMPLATE 217

Euronext informs customers that a new SBE template version 217 for Order Entry and Market Data will be implemented in the Derivatives Next EUA (p-EUA) environment on Wednesday 1 April 2020. The target date for Production has been set to Monday 27 April 2020.

30/03/2020
OSLO OPTIQ MIGRATION - TECHNICAL SPECIFICATIONS PUBLISHED

Euronext informs customers that the updated technical specifications for the Oslo migration have now been published. The specification contains Oslo migration related changes, but also changes for other upcoming Euronext projects.

16/03/2020
OSLO BØRS OPTIQ® MIGRATION – MIGRATION MILESTONES UPDATE

Euronext is pleased to share the updated high-level implementation schedule for the Oslo Børs migration to Optiq®, including EUA and Go-live
dates. Two high-level documents and two technical documents are now available. The  remaining Oslo migration technical documentation is due next week. 

05/02/2020
Oslo Optiq® Migration – Continued Current Clearing Model for Cash Equities

Following further consultation with Nordic clients and stakeholders, Euronext and Oslo Børs have decided to continue the current model for cash clearing with the three existing Central Counterparts (CCPs): LCH Limited, EuroCCP and Six X-Clear.
The CCP for the derivatives market will change from SIX X-Clear to LCH SA.

28/01/2020
Oslo Børs - Derivatives Clearing Migration - Technical User Group

Welcome to Oslo Børs Technical User Group – Derivatives Clearing Migration, in preparation for migrating clearing of derivatives to LCH SA. The derivatives clearing migration will happen when Oslo Børs' derivatives trading migrates to the Optiq® trading platform. This Technical User Group session will be particularly relevant for derivatives participants in the Oslo market which are currently not connected to LCH SA.

07/01/2020
Oslo Optiq® Migration – Technical User Groups

Oslo Børs will change trading system to Optiq® across all asset classes during 2020. Technical User Groups will be held for migration preparation / kick off purposes in Oslo, London and Stockholm during mid-January.

13/12/2019
Oslo Optiq® Migration – High-Level Timeline and Scope

Following Euronext’s acquisition of Oslo Børs VPS Holding ASA in June 2019, Oslo Børs’ trading systems, across asset classes, will migrate from the Millennium Exchange and SOLA systems to the Euronext Optiq® systems.

Contact us

Torbjørn Vik

  • Head of Equities and Client Relations
  • tv@oslobors.no
  • +47 22 34 17 47
  • +47 99 69 18 91

Contact - technical

Christian Ringstad

Many of our web pages have moved to Euronext websites. Read more here