The goal of NOREX is to offer investors, issuers and exchange members a cost-effective Nordic securities market of a high quality. The NOREX Alliance is unique as it is the first exchange alliance with a joint trading system already in operation with harmonised trading rules and membership criteria for the participating countries. The alliance today consists of Copenhagen Stock Exchange, Iceland Stock Exchange and OM Stockholm Exchanges. A Letter of Intent has been signed by the Oslo Stock Exchange and the final agreement is being drafted. Letters of Intent have also been signed by the exchanges of Riga, Tallinn and Vilnius.
Hans-Ole Jochumsen, Chairman of the NOREX Alliance and CEO of Copenhagen Stock Exchange says: "We are very happy to welcome the Iceland Stock Exchange into the alliance." Stefan Halldorsson, President of the Iceland Stock Exchange, adds: "We are very much looking forward to being a partner of the NOREX Alliance."
