Euronext joins Nordic Compass to advance cooperation across Nordic capital markets

Euronext has joined Nordic Compass, an industry-led alliance bringing together leading Nordic companies, foundations and organisations to strengthen the region's competitiveness and resilience.

The announcement came ahead of the inaugural Nordic Compass Summit in Gothenburg on 4–5 November 2026, where more than 200 business and political leaders gathered to advance Nordic cooperation across four strategic areas: Capital Markets, Deep Tech, Defence and Energy.

Through the alliance, Euronext will contribute its experience in capital markets infrastructure and cross-border market development to support stronger Nordic capital markets, improved access to financing and enhance long-term competitiveness.

The opening ceremony of the Nordic Compass Summit 2026
 A conversation at the opening ceremony between (from left): Jacob Wallenberg, Chair of the Board, Investor AB, Vice Chair of the Board, Wallenberg Investments AB; Kjerstin Braathen, CEO, DNB; Lars Rebien Sørensen, Chair of the Board of Novo Nordisk Foundation; and Jessica Rosencrantz, Swedish Minister for European Affairs. Photo: Elmrin-Thanner.

 

Unlocking the potential of Nordic capital markets

Alexander Stubb speaks at the Nordic Compass Summit
Alexander Stubb, the President of the Republic of Finland, gives the keynote speech. Photo: Elmrin-Thanner.

The Nordic region is home to some of Europe's most developed capital markets, innovative companies and active investor communities. Yet fragmentation across national markets and gaps in growth financing can make it challenging for companies to access the capital they need to scale.

While stronger cooperation can help unlock the potential of Nordic markets, it is also important that these developments contribute to a more connected European capital markets ecosystem, enabling companies and investors to benefit from opportunities across Europe.

At the Nordic Compass Summit, the Capital Markets Track focused on how to better connect the region's substantial savings and investment resources with the financing needs of Nordic businesses.

Five initiatives were presented to support deeper, more integrated and competitive Nordic capital markets:

  • A Nordic growth and scale-up fund to improve access to long-term growth capital
  • A more integrated public market to facilitate cross-border investment and strengthen liquidity
  • Increased pension allocation to growth investments in order to mobilise long-term institutional capital
  • Greater retail investor participation to connect household savings with investment opportunities
  • A common Nordic fund market to facilitate cross-border fund investment and distribution.

Together, these initiatives aim to improve the flow of capital from savings to investment and strengthen financing opportunities for companies across the region.

Building on Euronext's Nordic presence

Øivind Amundsen, CEO of Euronext Oslo Børs, greeting Øyvind Eriksen CEO of Aker ASA
Øivind Amundsen, CEO of Euronext Oslo Børs, greets Øyvind Eriksen CEO of Aker ASA. Photo: Elmrin-Thanner.

As the operator of Euronext Oslo Børs, Euronext Securities Oslo and Copenhagen, as well as Nord Pool and Admincontrol, Euronext has an established presence across the Nordic financial ecosystem, spanning capital and energy markets, alongside securities services.

Through Nordic Compass, Euronext will contribute its experience across the capital markets value chain, from listing and trading to clearing, settlement and custody, helping to support discussions on stronger market connectivity, security services and cross-border investment.

Øivind Amundsen, CEO, Euronext Oslo Børs, said: "The Nordic countries have some of Europe's strongest capital markets, but we have even greater potential if we work more closely together. We need to make it easier for capital to flow across borders, connect savings with investment opportunities and give ambitious companies better access to the funding they need to grow and scale.

Nordic Compass is an important initiative to turn these ambitions into concrete action. Euronext looks forward to contributing our experience in building efficient and connected capital markets. Stronger Nordic capital markets will also strengthen Europe's competitiveness."