OMX Stock Exchanges (OMX)

About the OMX Stock Exchanges :

OMX Exchanges is the largest securities market in the Northern Europe seeking regional competitiveness through effective integration over national borders. It provides access to about 80% of the Nordic and Baltic securities markets.

OMX AB operates six stock exchanges in the Baltic (Vilnius, Riga, Tallinn Stock Exchanges) and Nordic (Copenhagen, Stockholm, Helsinki) countries. Investors enjoy high liquidity and efficient trading through OMX's one trading system, harmonized trading rules, and practices in Nordic and Baltic markets. In equity trading, OMX's Nordic Exchange is the Europe's fifth largest exchange in terms of the number of transactions. In equity-related derivative trading, OMX's Exchange is the third largest exchange in terms of the number of contracts.

The Exchange having 1.370 employees experienced a rapid growth with increase in equity turnover by 22%, derivative contracts by 15%, and market capitalization of 33% in 2005. As a result of increased trading activity, the revenues went up by 8% and operating income by even 48%.

The companies listed on the OMX Exchanges are enabled to receive investing across the borders. Nokia, Ericsson, and Nordea Bank are one of the largest OMX's listed companies in terms of market capitalization. In the last 10 years, the list of companies on the Exchange has grown by 1%, whereas, the capitalization of the listed companies has increased by 14% annually. Today total market capitalization for all the listed 678 companies amount to SEK 7,012 m (€ 742,8).

Equity trading on the OMX is operated through the electronic trading system SAXESS that the OMX developed itself. SAXESS is the order-based system which matches orders electronically. In addition, derivative trading is carried out in the CLICK XT trading system that has also been developed by the OMX. The OMX Exchanges has also developed the TARGIN price dissemination system that provides valuable up-to-date information to investors.

OMX AB (ticker symbol 'OMX') has been assigned Standard & Poor's A/Stable long-term and A-1 short-term counterparty credit rating.