OMX
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- OMX is also the ticker symbol for OfficeMax.
| OMX AB
<tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;"> | |
| Type | Public (OMX: ) |
|---|---|
| Founded | 2003 |
| Headquarters | Stockholm, Sweden
<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>Magnus Böcker, CEO</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Financial services</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Products</th><td>Stock exchange</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>SEK 3,115 m (EUR 341 m)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>1,371</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Slogan</th><td>--</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>www.omxgroup.com</td></tr> |
OMX AB is a Swedish-Finnish financial services company, formed in 2003 through a merger between OM AB and HEX plc. It has two divisions, OMX Exchanges, which operates six stock exchanges in the Nordic and Baltic countries, and OMX Technology, which develops and markets systems for financial transactions used by OMX Exchanges, as well as by other stock exchanges. The company is a world leader in financial instruments trading systems.
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[edit] History
OM AB (Optionsmäklarna) was a futures exchange founded by Olof Stenhammar in the 1980s to introduce trading in standardized option contracts in Sweden. OM acquired the Stockholm Stock Exchange in 1998 and unsuccessfully attempted acquisition of the London Stock Exchange in 2001.
On 3 September 2003 the Helsinki Stock Exchange (HEX) merged with OM, and the joint company became OM HEX. On August 31, 2004, the brand name of the company was changed to OMX.
In 2005 OMX merged with the CSE, Copenhagen Stock Exchange, although it was really a takeover of CSE by OMX.
In 2006 OMX AB acquired the Markets Technology division of Computershare. The acquisition greatly expanded its product offerings and made its client list the largest of all trading system technology providers.
On September 19 2006 the Iceland Stock Exchange announced it will join the OMX Nordic Exchange, OMX and Eignarhaldsfelagid Verdbrefathing hf (EV), the owner of the Iceland Stock Exchange (ICEX) have signed a Letter of intent regarding an acquisition of EV.[1]
The group launched a virtual Nordic Stock Exchange on October 2, 2006, after merging the individual lists of shares traded at its three wholly-owned Scandinavian exchanges into a combined Nordic List. It also launched a pan-regional benchmark index, the OMX Nordic 40, on the same date, however the individual exchanges have also retained their own national benchmark indices.
On October 6 2006, OMX acquired a 10% stake in Oslo Bors Holding ASA, the Oslo Stock Exchange.
[edit] OMX Exchanges
- Copenhagen Stock Exchange
- Stockholm Stock Exchange
- Helsinki Stock Exchange
- Tallinn Stock Exchange
- Riga Stock Exchange
- Vilnius Stock Exchange
- (Proposed) Iceland Stock Exchange
- (Major interest in) Oslo Stock Exchange
[edit] OMX Technology customers include
- Dubai Financial Market
- Abu Dhabi Stock Market
- Australian Stock Exchange
- Boston Stock Exchange
- Canadian Trading and Quotation System
- Cairo and Alexandria Stock Exchanges
- ICAP exchange
- Icelandic Securities Depository
- Bahamas International Securities Exchange
- Bahrain Stock Exchange
- Barbados Stock Exchange
- Doha Securities Market
- Jakarta Stock Exchange
- Jamaica Stock Exchange
- Malta Stock Exchange
- International Securities Exchange
- Nigeria Stock Exchange
- Newcastle Stock Exchange
- New Zealand Stock Exchange
- Palestine Securities Exchange
- Philippine Dealing and Exchange Corporation
- Singapore Stock Exchange
- Stock Exchange of Newcastle
- Surabaya Stock Exchange (Indonesia)
- Swiss Exchange
- Thailand Future Exchange
- Trinidad and Tobago Stock Exchange


