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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;">Image:OMX_logo.gif</td></tr>

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

[edit] OMX Technology customers include

[edit] See also

[edit] External links

de:OMX es:OMX it:OMX ja:OMX fi:OMX sv:OMX

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