Nasdaq Stockholm is a regulated market governed by the Swedish Securities Market Act (lag (2007:528) om värdepappersmarknaden) and subject to supervision by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).
According to the Swedish Securities Market Act, a securities exchange shall have clear and transparent rules for the admission to trading of financial instruments on a regulated market. Financial instruments may be admitted to trading only where conditions exist for fair, orderly and efficient trading. Through the issuer rules, Nasdaq Stockholm AB carries out the conditions which are set forth by the legislator. The rules for Nasdaq Stockholm are also adapted to existing EU directives and regulations such as the (EU) Market Abuse Regulation (MAR), the (EU) Transparency Directive, the (EU) Directive regarding Markets in Financial Instruments (MiFID II) and the (EU) Takeover Directive.
The rules thus include the specific requirements for issuers and its financial instruments to be admitted to trading at Nasdaq Stockholm, including the rules which defines an issuer's disclosure requirements in respect of the market and Nasdaq Stockholm.
- For older rule or market model versions, please email:
- Diyah.Ali@nasdaq.com
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Confederation of Swedish Enterprise
Under Nasdaq Main Market Rulebook for Issuers of Shares, Supplement D, certain changes to the rulebook can only be made following consultation or agreement with the Confederation of Swedish Enterprise. To safeguard the interests of the issuers, the Confederation works continually to secure due anchoring of its positions related to the rulebook with selected representatives of the group of issuers concerned. Input is coordinated and collected from issuers via existing reference groups.
Issuers who are interested to contribute with comments and input are most welcome to reach out to the Confederation of Swedish Enterprise: issuerrules@svensktnaringsliv.se
Support
- For older rule or market model versions, please email:
- Diyah.Ali@nasdaq.com
Confederation of Swedish Enterprise
Under Nasdaq Main Market Rulebook for Issuers of Shares, Supplement D, certain changes to the rulebook can only be made following consultation or agreement with the Confederation of Swedish Enterprise. To safeguard the interests of the issuers, the Confederation works continually to secure due anchoring of its positions related to the rulebook with selected representatives of the group of issuers concerned. Input is coordinated and collected from issuers via existing reference groups.
Issuers who are interested to contribute with comments and input are most welcome to reach out to the Confederation of Swedish Enterprise: issuerrules@svensktnaringsliv.se
Support
Issuer Rules
In this section you will find the current rulebooks and rules, Q&As, guidance, regulatory notices pertaining to rule changes and the upcoming version of the new rulebooks.
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- Nasdaq Main Market (Stockholm) – Shares – Rulebook (In Swedish)
- Nasdaq Stockholm Main Market – Fixed Income – Rulebook
- Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Funds
- Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Notes
- Nasdaq Stockholm Main Market – Alternative Investment Funds – Rulebook
- Nasdaq Stockholm Main Market - Trading List - Rulebook
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- Nasdaq Stockholm Guidance: Disclosure of inside information for issuers of shares
- Nasdaq Stockholm Terms of Reference: Legal/Tax review
- Nasdaq Stockholm Terms of Reference: Listing Auditor
- Nasdaq Stockholm Checklist: Nasdaq Nordic Main Market – Shares – Rulebook – Listing requirements
- Nasdaq Stockholm Guidance: Governance and Internal Control in Listed Companies
- Nasdaq Stockholm Takeover Agreement
- Nasdaq Stockholm Guidance: Preparing an interim report
- FAQ - New Main Market Process In Stockholm
- Issuer Rules FAQ English
- Issuer Rules FAQ Swedish
- Issuer Rules FAQ English (Track Changes)
- Issuer Rules FAQ Swedish (Track Changes)
- Listings FAQ English
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- Upcoming version: Nasdaq Stockholm Rulebook for Issuers of Fixed Income Instruments, effective 1 January 2025
- Regulatory Notice 29 November 2024: Changes to the Nasdaq Stockholm Rulebook for Issuers of Fixed Income Instruments
- Upcoming version: Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Notes, effective 1 July 2024
- Regulatory Notice 31 May 2024: Changes to the Nasdaq Stockholm Main Market – Rulebook for Issuers of Exchange Traded Notes
- Upcoming version: Nasdaq Stockholm Main Market – Fixed Income – Rulebook, effective 1 July 2024
- Regulatory Notice 31 May 2024: Changes to the Nasdaq Stockholm Rulebook for Issuers of Fixed Income Instruments
- Regulatory Notice 28 May 2024: Update of FAQ supplementing Nasdaq Nordic Main Market Rulebook for Issuers of Shares - Stockholm
- Regulatory Notice 6 December 2023: Updates to the takeover rules for Nasdaq Stockholm and Nasdaq First North Growth Market Sweden effective 1 January 2024
- Upcoming version: Nasdaq Stockholm Main Market – Fixed Income – Rulebook – Blackline – Effective Date 1 July 2023
- Regulatory Notice 1 June 2023: Nasdaq Stockholm Main Market – Fixed Income – Rulebook
- Regulatory notice 30 May 2023: Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Funds and Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Notes
- Comparative Table: current vs upcoming Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Funds effective date 1 July 2023
- Comparative Table: current vs upcoming Nasdaq Stockholm Main Market Rulebook for Issuers of Exchange Traded Notes effective date 1 July 2023
- Regulatory notice 14 September 2022: Nasdaq Stockholm Main Market – Fixed Income – Rulebook
Related links
Local Rules
Nasdaq Helsinki
Rules & Regulations - Helsinki
Nasdaq Helsinki (Helsingin pörssi) is a regulated market licensed in Finland.
Nasdaq Iceland
Rules & Regulations - Iceland
Nasdaq Iceland (Kauphöll Íslands) is a regulated market licensed in Iceland.
NASDAQ COPENHAGEN
Rules & Regulations - Copenhagen
Nasdaq Copenhagen (Københavns Fondsbørs) is a regulated market licensed in Denmark.
Common Rules
Nordic Member Rules
Rules & Regulations - Nordic Member Rules
The Nasdaq Nordic Member Rules contain conditions for membership and trading rules on the regulated markets and MTFs.
Nordic Main Market Rules
Rules & Regulations – Nordic Main Market Rules
The Nasdaq Nordic Main Market Rules contain requirements for issuers to be admitted to trading on the regulated market.
Derivatives Rules
Rules & Regulations - Derivatives Rules
Rules and Regulations of Nasdaq Derivatives Markets govern Nasdaq Stockholm's derivative exchange & Nasdaq Clearing.
First North MTF Rules
Rules & Regulations - First North MTF Rules
The Nasdaq First North Rules contain common and local requirements to be admitted to trading on the Nasdaq First North.