Listing

In Denmark NASDAQ OMX offers a listing service for a variety of Fixed Income products

 

In total more than 2.200 bonds are listed at NASDAQ OMX Copenhagen A/S.
Mortgage bonds are the biggest category of listings with approximately 1.700 listings. A broad variety of issuers have listed bonds on our Copenhagen market including the Danish government and semi-public institutions, local banks, international investment banks, companies and multilateral institutions.

 

Learn more about the Danish fixed income market »

 

The main categories for the different types of bonds listed on the market in copenhagen are:

 

Government bonds
Danish Governments bonds are listed at NASDAQ OMX Copenhagen A/S. Trading is available in a specific retail sub market.

 

Mortgage bonds
The Danish mortgage market is unique in an international perspective. All Danish issuers of mortgage bonds list their bonds on our market.

 

Structured bonds
We offer two different listing opportunities for structured bonds:

A retail listing including services targeted Danish retail investors, market making in the secondary market and an updated daily price feed for listed retail bonds.

A wholesale offering targeted professional investors demanding listing on a regulated market, but with no need for additional trading services.

 

Corporate and other bonds
Instruments listed under the corporate and other bonds market segment consist of both Danish and international issuers of corporate bonds.

 

Effective listing process based on EU-standards and best practice

We offer listing services based on international best pratices and standards with the aim of giving our clients a fast, reliable and efficient service in the listing process. Furthermore you always communicate directly with the department responsible for listing approval to ensure efficient and cost saving listing procedures.

 

Advantages of being listed

NASDAQ OMX Copenhagen A/S is the centre for offering of fixed income related products in Denmark. We are an integrated part of the Danish financial infrastructure for Danish fixed income products given our offerings of listing and trading venues and provider of information services related to Danish fixed income products.
Thus listing of securities on our market gives a direct access to Danish financial markets with trading and data distribution service to all financial institutions in Denmark. In short a listing gives you the following advantages:

• Listing on a regulated market fulfills requirement from many institutional investors only allowed investing in listed securities. Similarly listing on a regulated exchange is applicable for approaching private Danish investors making individual investments made under the Danish Pension scheme (Pensionsafkastningsbeskatningsloven).
• Trading in the secondary market with updated pre and post trade information in many securities.
• Visibility through distribution of trading information vendors.
• Official price quotes from a regulated exchange.
• Updated best execution prices for settlement of retail off-exchange trades.

 

Listing process

Bonds are listed in accordance with the Danish Securities Council Executive Order No. 1069.

In total more that 2.200 bonds are listed at NASDAQ OMX - Copenhagen. Mortgage bonds are the biggest category of listings with approximately 1.700 listings. A broad variety of issuers have listed bonds on our Copenhagen market including the Danish government and semi-public institutions, local banks, international investment banks, companies and multilateral institutions.

 

Prospectus rules

Fixed income securities are admitted to trading based on an approved prospectus in accordance with the Commision Regulation (EC) No 809/2004 of 29 April 2004 implementing Directive 2003/71/EC of the European Parliament, and the Rules for Issuers on NASDAQ OMX Copenhagen A/S.
Fixed income securities can either be admitted to trading on the basis of a stand alone prospectus or on the basis on a base prospectus and a set of final terms related to the specific issue of securities.
Issuers with an approved base prospectus must submit the base prospectus and a set of final terms related to the specific issue of securities to the exchange. In this case NASDAQ OMX Copenhagen reviews the final terms in order to make sure that the specifics of the securities in question are such that the securities can be admitted to trading and officially listed at NASDAQ OMX Copenhagen.

Application for admission to trading

The following material should be send to NASDAQ OMX Copenhagen when applying for admission to trading and official listing of a fixed income product:

• Draft prospectus (stand alone) or draft of basis prospectus and set of final terms (MTN programme).
• Time schedule for the listing process.
• Completed basic data registration form (available under "Rules and Prices" in the top right side of this site). Alternative webbased registration on Fondsportalen.dk.

 

Contact Listing Surveillance Copenhagen

Phone: +45 33 93 33 66
E-mail: listing-group@nasdaqomx.com
Fax: +45 33 12 86 13

 

Ongoing listing requirements

Once listed the issuer must comply with a set of Disclosure Requirements in the Consolidated Act on Securities Trading etc. and part 3 (Disclosure rules) in Rules for Issuers of bonds at NASDAQ OMX Copenhagen A/S.