Oslo Børs: Streamlining the Technology Stack
The announcement in August of this year that Oslo Børs had decided to move its equity and fixed income trading onto the London Stock Exchange Group?s (LSEG) Millennium Exchange trading platform was obviously good news for MillenniumIT. But it was also another pragmatic step by a exchange where IT strategy is also an integral part of business strategy. Kjetil Nysæther, Senior Vice President Information Technology at Oslo Børs talks to Automated Trader about this approach and the way in it which dovetails with the exchange's ongoing process of streamlining technology to minimise its footprint.
What has historically been the exchange's technology strategy as regards its trading platform?
Until 2001 we were using a platform called ASTS that we ran in-house ourselves, but we then revised our technology philosophy to one of sharing a trading platform with st