European Rules and Regulations

The rules and regulations serve an important purpose to sustain confidence in the financial market, enable a common framework for listed companies and protect minority stakeholders such as retail investors.

COMMON NORDIC RULES

The Common Nordic Rules cover the framework for Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Stockholm and Nasdaq Clearing within the areas of listing (Issuers Rules), cash equity trading (Member Rules) and trading in derivatives (Rules and Regulations of Nasdaq Derivatives Markets). First North MTF Rulebook is also a part of Common Nordic Rules.

 

The Nordic Main Market Rulebook for Issuers of Shares to apply in Denmark, Finland, Iceland and Sweden

The Nordic Main Market Rulebook for Issuers of Shares consist of two parts

  • The Harmonized part – applicable to all Nasdaq Nordic exchanges
  • The Supplements – additional provisions applicable for each exchange in Denmark, Finland, Iceland and Sweden

The Nordic Main Market rulebook for Issuers of Shares – Effective from 1 February 2021

Nasdaq Copenhagen – Supplement A effective 1 October 2021

Nasdaq Helsinki – Supplement B effective 11 May 2020

Nasdaq Iceland – Supplement C effective 1 May 2020

Nasdaq Stockholm – Supplement D effective 11 October 2021

 
 

Common Rules

Rules & Regulations - Nordic Member Rules

The Nasdaq Nordic Member Rules contain conditions for membership and rules for trading on the regulated markets.

Rules & Regulations - First North MTF Rules

The rules are the same in all First North markets, except for a few, smaller differences due to national law.

Rules & Regulations - Derivatives Rules

Rules and Regulations of Nasdaq Derivatives Markets govern Nasdaq Stockholm's derivative exchange & Nasdaq Clearing.

Local Rules

Rules & Regulations - Stockholm

Nasdaq Stockholm (Stockholmsbörsen) is a regulated market licensed in Sweden.

Rules & Regulations - Copenhagen

Nasdaq Copenhagen (Københavns Fondsbørs) is a regulated market licensed in Denmark.

Rules & Regulations - Helsinki

Nasdaq Helsinki (Helsingin pörssi) is a regulated market licensed in Finland.

Rules & Regulations - Iceland

Nasdaq Iceland (Kauphöll Íslands) is a regulated market licensed in Iceland.

Government Consultations

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Related

European Market Surveillance

The surveillance function within Nasdaq Nordic is designed to help you maintain confidence in the exchange.

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