Report off-book wholesale trades to the exchange for registration with the Euronext Block Execution Service (BES), a new solution exclusively for trading members.
Available for Euronext Oslo equity and equity index derivatives, BES operates on regular trading days from 9:00 to 17:00 CET, with potential extensions depending on market conditions and personnel resources.
Access the full list of Euronext Oslo derivatives eligible for BES
The Euronext BES currently supports Large in Scale (LiS) trades and is only accessible to trading members of the Euronext Oslo Børs Derivatives market.
How to request the Euronext Block Execution Service
- Complete the dedicated spread sheet
- Submit the form by email to bes@euronext.com and include the details of any parties involved in the trades
- Contact the Euronext team by phone at +47 22 34 18 50, to ensure a timely execution
- Once all executing members have confirmed their acceptance and submitted the required information, Euronext will execute the trades, provided that they comply with market regulation and the prevailing trading conditions.
Reporting Requirements and Member Obligations
All information required by Euronext to fulfil its reporting obligations as a market operator must be provided for each order comprising a wholesale trade, where applicable. This includes data required under EU Delegated Regulation 2017/580.
For the avoidance of doubt, the registration of trades via the Euronext Block Execution Service (BES) does not relieve the trading members of their regulatory obligations - either to their clients or to the competent authorities - in their role as an order-executing investment service provider.
In the event of an error related to an off-order book trade - whether by the executing member(s) or Euronext - it is the responsibility of the member(s) to request a trade cancellation in accordance with Euronext Notice 4-02: Order Withdrawal and Trade Cancellation.
For more information about Euronext Block Execution Service, contact the team
bes@euronext.com