The recent system migration at Oslo Børs to Euronext Optiq – with its implications for the Norwegian market – was topic for a morning panel in PostTrade 360° Oslo on Wednesday. It has been an effort, and the degree of local adapation was discussed – though it has worked smoothly and could be improving market liquidity.
Panellists were …
Christian Ringstad, CTO, Oslo Børs,
Espen Andersen, Head of Electronic Execution Services, DNB Markets, and
Morten Lindeman, CIO of Infront.
Moderator was Hugo Sundkjer, head of strategy with system provider TietoEVRY Wealth.
Christian Ringstad of Euronext-owned Oslo Børs, views the outcome positively (though emphasizing that it is hard to separate which effects are thanks to the system and which come from good market conditions overall). A main advantage could still lie ahead in the longer term, though – as more players come into the market and deepen the order books.
Espen Andersen of DNB Markets seemed to share a positive view in many aspects, but also pointed to a possible lack of adaptation to local market circumstances – summing up the transition as “overall a balanced experience”.
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