Nordic Compass Studies 4-Nation Exchange Merger to Unlock $4 Trillion in Capital
Updated
Updated · Euronews · Aug 27
Nordic Compass Studies 4-Nation Exchange Merger to Unlock $4 Trillion in Capital
3 articles · Updated · Euronews · Aug 27
Summary
Nordic Compass is exploring whether Sweden, Denmark, Norway and Finland can combine their stock exchanges into a single regional market, with a first proposal expected at a Nov. 4-5 summit in Gothenburg.
The alliance says the work is still preliminary, covering both exchange consolidation and harmonised rules aimed at boosting liquidity, easing cross-border capital flows and attracting more listings.
Close to $4 trillion managed by Nordic pension funds and sovereign investors is now spread across four separate markets, while the region also draws in more than $175 billion a year.
Any merger would require cooperation from Nasdaq Nordic, Euronext-owned Oslo Børs and settlement group Euroclear; Euronext said it is in dialogue with Nordic Compass and pointed to its own multi-country model as a template.
Launched in May, Nordic Compass brings together more than 25 companies and institutions including BlackRock, Nordea, Ericsson and Nokia, underscoring a broader push to make Nordic capital markets more globally competitive.