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Establishment of the Danish Securities Centre

Denmark was one of the first countries to establish a paperless bond market. The Danish Securities Centre was established, and paper-based securities trading was replaced by an electronic registration and settlement system. The Danish Securities Centre was organised as a private self-governing institution with a Board appointed by the Minister for Industry and representing the sectors directly affected by the Centre's activities. In 2000 the Danish Securities Centre was converted into a limited liability company, VP Securities Services, with Danmarks Nationalbank as one of its shareholders. At present Danmarks Nationalbank owns 24 per cent of the shares in VP Securities Services.

Last update: 05/09/2011

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