Effective from 1.September 2008 VPS reduces the price of an Exchange trade from NOK 4,00 to NOK 3,20. This will affect more than 70% of all trades!

A wide-ranging process is under way within the EU aimed at harmonising the European securities market. VPS has played its part by signing an EU Code of Conduct designed to promote pricing transparency and freedom of choice for investors in relation to cross-border trading and settlement of securities.

In view of the implementation of "Service Unbundling" of the Code of Conduct, all ECSDA members have agreed on a common understanding of the services which have to be unbundled according to the Code of Conduct.

The tariff brochure that is public on January 1, 2008 reflect VPS’ implementation of the Code's service unbundling commitments. In addition, and with effect from 1 January 2008, VPS is in a position to be able to comply with the Accounting Segregation provisions of the Code of Conduct.

Joint press release by Oslo Børs, VPS and VPS Clearing.

In November 2006, Oslo Børs, VPS and VPS Clearing signed up to the agreement that established a European standard for clearing and settlement of trading in securities (the European Code of Conduct for Clearing and Settlement). Oslo Børs, VPS and VPS Clearing are now extending their agreement to apply also to derivatives.