stock exchange group formerly known as omx . for other uses see omx disambiguation . nasdaq nordic type subsidiary industry financial services founded 2003 headquarters stockholm sweden key people hans ole jochumsen ceo products stock exchanges revenue sek 4.305 billion 2007 1 number of employees 1 638 2007 1 parent nasdaq inc. slogan efficient securities transactions website www.nasdaqomxnordic.com the old stockholm stock exchange building nasdaq nordic is the common name for the subsidiaries of nasdaq inc. that provide financial services and operate marketplaces for securities in the nordic and baltic countries . 2 historically the operations have been known by the company name omx ab aktiebolaget optionsm klarna helsinki stock exchange which was created in 2003 upon a merger between om ab and hex plc. in 2015 the legal entity omx ab was renamed nasdaq ab but it also operates under the alias nasdaq omx ab . 3 4 the operations have been part of nasdaq inc. formerly known as nasdaq omx group since february 2008 . 5 nasdaq nordic has two divisions omx exchanges which operates eight stock exchanges mainly 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 . citation needed contents 1 history 1.1 origins 1.2 acquisition of other exchanges 1.3 expansion of offerings 1.4 nasdaq takeover 2 nasdaq nordic exchanges 2.1 divisions 3 technology 4 see also 5 references 6 external links history edit origins edit om ab optionsm klarna 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 6 and unsuccessfully attempted acquisition of the london stock exchange in 2001 . 7 during the dot com bubble in the early 21st century om together with investment bank morgan stanley dean witter launched a virtual european stock exchange called jiway . the project was not successful 8 and was cancelled on 14 october 2002 . 9 acquisition of other exchanges edit on 3 september 2003 the helsinki stock exchange hex merged with om and the joint company became om hex . 10 on 31 august 2004 the brand name of the company was changed to omx . 11 omx then acquired the copenhagen stock exchange in january 2005 6 for 164 million . 12 on 19 september 2006 the iceland stock exchange owner eignarhaldsfelagid verdbrefathing ev announced it would be acquired by omx in a deal valuing the company at 250 million sek . 13 the transaction was completed by the end of the year . 6 the company took a 10 % stake in oslo b rs holding asa the owner of the oslo stock exchange in october 2006 . as of september 2016 nasdaq is not a major shareholder in the oslo stock exchange holding company which following a merger is currently called oslo b rs vps holding asa . nasdaq has however publicly stated its interest in eventually acquiring the oslo stock exchange . 14 15 16 omx acquired the armenian stock exchange and central depository in november 2007 . 17 expansion of offerings edit in december 2005 omx started first north an alternative exchange for smaller companies in denmark . the first north exchange expanded to stockholm in june 2006 iceland in january 2007 and helsinki in april 2007 . 18 the markets technology division of computershare was acquired in 2006 . the acquisition greatly expanded its product offerings and made its client list the largest of all trading system technology providers . the group launched a virtual nordic stock exchange on 2 october 2006 after merging the individual lists of shares traded at its three wholly owned nordic exchanges into a combined nordic list . 19 companies listed on the iceland stock exchange have also since been merged into the list . omx 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 . nasdaq takeover edit on 25 may 2007 nasdaq agreed to buy omx for us 3.7 billion . 20 in august 2007 however borse dubai offered us 4 billion prompting speculation of a bidding war . 21 on 20 september 2007 borse dubai agreed to stop competing to buy omx in return for a 20 % stake and 5 percent of votes in nasdaq as well as nasdaq s then 28 % stake in the london stock exchange . 22 in a complex transaction borse dubai acquired 97.2 % of omx s outstanding shares before selling them on to nasdaq . 23 the newly merged company was renamed the nasdaq omx group upon completion of the deal on 27 february 2008 . nasdaq nordic exchanges edit the following exchanges with official market names within parentheses are operated by nasdaq nordic 24 copenhagen stock exchange nasdaq copenhagen stockholm stock exchange nasdaq stockholm helsinki stock exchange nasdaq helsinki tallinn stock exchange nasdaq baltic riga stock exchange nasdaq baltic vilnius stock exchange nasdaq baltic iceland stock exchange nasdaq iceland armenian stock exchange completed november 2007 renamed nasdaq omx armenia in 2009 25 26 27 divisions edit the company s stock market activities are categorized into three divisions nordic market copenhagen stockholm helsinki iceland baltic market tallinn riga vilnius first north alternative exchange technology edit in north america omx supports its most high profile customers such as the financial industry regulatory authority finra icap ise and idcg which are powered by omx trading systems such as x stream click condico and saxess . omx is the world s leading provider of central securities depository csd technology . its equator csd product is used by clients in europe the middle east africa and the caribbean . central counterparty clearing ccc technology is a significant potential growth area for omx . omx s secur clearing 28 and genium trading platform 29 facilitate trade novation derivatives clearing risk management and improved liquidity . secur clearing and genium trading technology are in production around the world . omx s technology customers include abu dhabi securities exchange agora x athens exchange australian securities exchange bahamas international securities exchange bahrain stock exchange barbados stock exchange bermuda stock exchange bolsa de valores de colombia boston stock exchange canadian trading and quotation system egypt securities exchange doha securities market dubai financial market dubai international financial exchange financial industry regulatory authority hong kong exchanges and clearing icap icelandic securities depository indonesia securities exchange iraq stock exchange istanbul stock exchange indonesia stock exchange jamaica stock exchange japan next malta stock exchange moscow interbank currency exchange national stock exchange of australia new zealand exchange nigerian stock exchange nsx corporate stock exchange osaka securities exchange palestine securities exchange philippine dealing and exchange corporation plus markets group port moresby stock exchange saudi arabia stock exchange tadawul singapore commodity exchange singapore exchange shanghai stock exchange swx swiss exchange thailand futures exchange tlx tokyo commodity exchange trinidad and tobago stock exchange turkish derivatives exchange zagreb stock exchange see also edit list of stock exchanges list of european stock exchanges list of finnish companies list of swedish companies references edit a b omx financial year end report 2007 pdf . omx . retrieved 29 february 2008 . nasdaq nordic and nasdaq clearing appoint new board members . nasdaq . 12 july 2016 . retrieved 11 august 2016 . bakie john 30 october 2014 . nasdaq drops omx name from branding . the trade . london . retrieved 12 june 2015 . nasdaq ab . solidinfo.se in swedish . retrieved 11 august 2016 . http www.securitiesindustry.com news 22064 1.html article on nasdaq s acquisition of omx a b c milestones . nasdaq omx group . retrieved 28 september 2010 . treanor jill 10 december 2002 . stock exchange teams up with om . the guardian . london guardian.co.uk . retrieved 29 february 2008 . om losses shock analysts . bbc news . 18 april 2001 . retrieved 29 february 2008 . city briefing jiway eases bourse clutter . the guardian . london guardian.co.uk . 15 october 2002 . retrieved 29 february 2008 . leighton jones phillipa 4 september 2003 . omhex appoints new chief executive as trading begins . financial news . retrieved 29 february 2008 . omhex changes name to omx . finextra . 31 august 2004 . retrieved 29 february 2008 . akerhielm maria 16 november 2004 . omx to buy copenhagen exchange . dow jones newswires . the wall street journal . retrieved 29 february 2008 . omx to buy iceland bourse owner in all share deal . afx news . forbes . 19 september 2006 . retrieved 29 february 2008 . dead link top 20 shareholders . oslo b rs vps . retrieved 2 september 2016 . about oslo b rs vps . oslo b rs vps . retrieved 2 september 2016 . nasdaq interested in oslo bors but feels norwegian chill . reuters . 31 march 2016 . retrieved 2 september 2016 . omx press release . cision wire . retrieved 21 november 2007 . omx first north services expand to finland . business wire . 3 april 2007 . retrieved 29 february 2008 . the omx nordic exchange strengthens its position as a leading european marketplace press release . omx . 2 october 2006 . retrieved 29 february 2008 . nasdaq bids 3.7 bn for nordic omx . bbc news . 25 may 2007 . retrieved 29 february 2008 . dubai in 4bn bid for nordic omx . bbc news . 17 august 2007 . retrieved 29 february 2008 . magnusson niklas ; mcsheehy will 20 september 2007 . dubai to buy stakes in nasdaq lse ; strikes omx deal . bloomberg . retrieved 29 february 2008 . borse dubai completes planned sale of omx to nasdaq . associated press . international herald tribune . 27 september 2007 . retrieved 29 february 2008 . nordic large cap . nasdaq . retrieved 11 august 2016 . cox adam 21 november 2007 . omx says buys armenian stock exchange . reuters . retrieved 29 february 2008 . koncernstruktur . solidinfo.se in swedish . retrieved 11 august 2016 . welcome to nasdaq omx armenia . nasdaq . retrieved 11 august 2016 . secur clearing solution pdf . retrieved 9 october 2011 . genium inet trading pdf . retrieved 8 october 2011 . external links edit business.nasdaq.com official group site nasdaqomxnordic.com official nordic site nasdaqbaltic.com official baltic site nasdaq omx armenia official armenian site v t e nasdaq inc. operator of the nasdaq and omx stock exchange systems exchanges armenian boston copenhagen first north helsinki iceland faroe islands new york philadelphia riga stockholm tallinn vilnius indexes copenhagen 20 helsinki 25 iceland 6 nasdaq 100 biotechnology composite financial 100 nordic 40 stockholm 30 other holdings globenewswire nasdaq private market retrieved from https en.wikipedia.org w index.php title nasdaq nordic & oldid 739116258 categories companies of swedencompanies 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