NASDAQ OMX - Copenhagen

Tel: 1 212 401 8700



Chief Executive Officer : Mr. Robert Greifeld

Vice Chairman : Mr. Sandy Frucher


Types of Securities Traded Name of Trading Systems (cash and derivatives) Trading Hours
Bonds SAXESS (electronic continuous trading with open call) 8:30 - 17:00
(all securities)
Equity Futures and Options CLICK
Telephone trading
Interest Rate Futures and Options    

9.00-16.50  Continuous trading,
16.50-17.00 closing call



Supervisory Body

Danish Financial Supervisory Authority and Danish Securities Council

Name of Clearing & Settlement Organization

Vaerdipapircentralen"the Danish Securities entre"

Settlement Cycle

T + 3 days for treasury bills.
Same day settlement fo futures and options.

Name of Central Securities Depository


Commissions on Transactions levied by Exchange

(abolished 1st October 1999)

Taxes on Dividends, Interests


Dividends on shares are in general subject to a 30 % withholding tax on account.
Dividends received by residents are taxed at rates between 30 and 40 %.
Capital gains on sales of shares held by individuals for less than 3 years are, for residents, taxable as
capital income, with an income tax rate of between 50 and 56 %.
If the shares have been held for 3 years or more, a capital gain is treated as dividend income, i.e. taxed
at a rate between 30 and 40 %.

2007 Share ownership thresholds (%)


Short selling (Yes / No)


Short selling conditions (if any)


This page was last updated on: 11/27/2012 - 11:56