NOS Clearing ASA (NOS) is a central counterpart clearinghouse (CCP) with a clearinghouse license from the Norwegian Ministry of Finance and is under supervision of the Financial Supervisory Authority of Norway. Norway is a member of the European Economic Area meaning that EU legislation and regulatory development have strong influence on the rules and regulation under which NOS operates.
NOS is a specialized clearing house for OTC traded derivatives. Innovation, member support and development of new markets in co-operation with the industrial players, are among the strengths of NOS. Efficient clearing processes make it attractive for our clearing members, the OTC brokers and the General Clearing Members to participate in the clearing world of NOS. From 1 July 2012 NOS is owned by NASDAQ OMX Stockholm AB which is a part of NASDAQ OMX Group Inc. NOS is a part of NASDAQ OMX Commodity and will be part of the growth strategy within the commodity area. Until NOS is fully integrated, the company will operate as NOS with the current organization, systems and dedicated member support going forward.