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Euronext Norwegian Derivatives contracts expands to green stocks

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Oslo, 12 February 2021 – From today options and futures will be listed on the green companies Tomra, NEL og Scatec. 

In December 2020, the Oslo Børs Derivatives market successfully migrated onto the Euronext Optiq® platform, further supporting the growth of Oslo Børs thanks to an enlarged pool of liquidity and investors, and a flexible and agile trading technology.  

“Following this milestone, the Norwegian contracts are benefiting from increased interest from the Euronext member base. Multiple Euronext clients have already extended their membership to the Oslo market, and others will follow over the next weeks and months. As more members connect with the local market liquidity, we expect to see improvements in liquidity and volumes on the OBX Index Future, OBX Index Options and the Individual Equity Options contracts already listed,” says Øivind Amundsen, President and CEO of Oslo Børs.

 “NEL, Tomra and Scatec have been at the centre of investors' attention, as they have been part of a green wave of sustainable investing on Oslo Børs in 2020,” explains Amundsen. 

Options and futures on these three stocks, in addition to the sports retailer XXL ASA are available from today.

Oslo Børs

About NEL, Tomra and Scatec

  • The hydrogen technology company NEL ASA is an OBX index constituent, and the second most traded stock on Oslo Børs in 2020. It is currently no. 16 in terms of market capitalisation on the Oslo market. 

  • Tomra Systems ASA provides technology solutions that enable the circular economy, and has been listed on the exchange since 1985. It is an OBX Index constituent and was the 11th most traded stock on Oslo Børs in 2020, and the 12th largest company.

  • Scatec ASA is a solar power company which entered the OBX Index in June 2020, and reached the 15th place in terms of turnover in 2020. Its market capitalisation also places it in the top 15 in terms of size.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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