Stockholm Stock Exchange is famously known as OMX Nordic Exchange. The Stock Exchange of Stockholm established in 1863 was taken over in 1998 by OMX. OMX aims at providing its customers value through increased efficiency and continuous innovation. It provides technology solutions to participants in the share market throughout the world.
In 2003 Helsinki Stock Exchange merged with OMX Stock Exchange followed by mergers with Vilnius Stock Exchange and Copenhagen Stock Exchange in 2004 and 2005 respectively. In 2006 OMX Nordic Stock Exchange was launched. OMX Nordic Exchange caters to almost 80% of the securities market in the Baltic and Nordic regions. OMX facilitates securities transactions across 60 exchanges in 50 countries.
OMX Stock Exchange Facts
OMX Nordic Exchange with employee strength of approximately 1500 has operations in Sweden,
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Finland, Norway, Denmark, Estonia, Latvia, Iceland, United Kingdom, Italy, Lithuania, United Arab Emirates, China, Hong Kong, Singapore, Australia, Canada, and the United States of America. OMX Stock Exchange is listed in the OMX Nordic Exchanges in Stockholm, Helsinki, Copenhagen, and Iceland.
There are 161 exchange members in the OMX Stock Exchange, and 852 numbers of listed companies. The other functional facts include:
- Total share capital - SEK 241,280,934 [ SEK is Swedish Krone]
- Revenue earned in 2007 - SEK 4305 million
- Operating profit in 2007 - SEK 1307 million
- Per share earning in 2007 - SEK 8.12
- No. of outstanding shares - 120,640,467
- Adjusted equity: assets ratio - 62%
Stockholm Stock Exchange has its headquarters in 15 Tullvaktsvagen, Stockholm 105 78.
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