OMX, Oslo Bors and ICEX Introduce New Indexes, VINX.STOCKHOLM, Sweden -- On April 3, 2006, the Nordic Exchange OMX OMX Office Max (stock symbol) (STO:0MX)in cooperation with the exchanges in Oslo and Reykjavik launches a new index family - the VINX. The purpose of the VINX indexes is to reflect the development in the region in a reliable and predictable manner and to highlight the overall investment opportunities. The new VINX family covers the All-share, Benchmark, Tradable and Sector indexes, which include companies listed on OMX's exchanges in Copenhagen, Stockholm and Helsinki, and on the exchanges in Oslo and Reykjavik. Today, there are more than 800 companies with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of close to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1,000 billion available on the stock exchanges. "Increased interest and a growing demand for more benchmark possibilities from our customers are our reasons for launching the VINX indexes. The close cooperation between the exchanges ensures that the new VINX indexes will optimally reflect the participating markets," says Jukka Ruuska, in charge of the Nordic Marketplaces business area within OMX and President of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. . The VINX index family will be independent of, and supplementary to, the local indexes provided by the participating exchanges. The index structure and rules have been developed in close cooperation with market participants. The plan is to launch derivatives on VINX30 by mid-2006, including the 30 most traded companies in the region. As of April 3, 2006, the VINX30 has the following constituents: A.P. Moller Maersk B, Assa Abloy B, AstraZeneca, Atlas Copco A, Danske Bank, DnB NOR, Electrolux B, Ericsson B, Fortum Oyj, Foreningssparbanken A, Hennes & Mauritz B, Investor B, Nokia Oyj, Nordea Bank, Norsk Hydro, Novo Nordisk B, Sampo A, Sandvik, SCA (Single Connector Attachment) An 80-pin plug and socket used to connect peripherals. With a SCSI drive, it rolls three cables (power, data channel and ID configuration) into one connector for fast installation and removal. B, SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare staphylococcal enterotoxin B A, Securitas B, Skanska B, SKF SKF Svenska Kullagerfabriken SKF Svenska Klätterförbundet (Sweden) SKF Smithsonian Kite Festival SKF San Antonio Kelly Field Annex (Lackland AFB, Texas) B, Statoil, Stora Enso R, Sv. Handelsbanken A, Telenor, TeliaSonera, UPM-Kymmene Oyj and Volvo B. Fast facts on the VINX family -- The VINX tradable index - VINX30 - will consist of the 30 largest and most liquid companies. -- The VINX benchmark index will consist of 150 - 200 companies that mirror the free-float-adjusted Nordic investment universe in the best possible way. -- The VINX tradable and VINX benchmark indexes will be free-float adjusted to reflect the shares available for public investment. The index rules will be available from the stock exchanges' websites before the launch. -- The sector indexes will be based on the Global Industry Classification Standard (GICS GICS Government Information and Communication Service (UK) GICS German Internet Chess Server GICS Global Industry Classification Standards GICS Grant Information and Control System ), developed by Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. Inc. (MSCI) and Standard & Poor's (S&P). -- The VINX 30 tradable index has a base value of 1,000 and the VINX All-share, Benchmark and Sector indexes have base values of 100 from December 31, 2000. -- The tradable and the benchmark index will be reviewed biannually bi·an·nu·al adj. 1. Happening twice each year; semiannual. 2. Occurring every two years; biennial. bi·an . About OMX | OMX is a leading expert in the exchange industry. Through the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information please visit www.omxgroup.com. This information was brought to you by Waymaker http://www.waymaker.net |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion