Oslo Bors Delays Saxess Trading System Move

EXCHANGE TECHNOLOGIES

OSLO--The Oslo Bors has delayed the implementation of OM’s Saxess trading system, the proposed common trading system for the Norex exchange alliance. The delay comes after minor technology problems were identified between Saxess and the other systems at Oslo Bors.

The exchange had planned to launch the Saxess system on April 29 (TTW, March 18). But testing over the weekend of April 13-14 identified a series of problems between Saxess and Oslo’s other systems that interface to it.

An Oslo Bors

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